Principal Financial Group Inc. Stock Underperforms Tuesday When Compared To Competitors

Telos Corp

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Company profile

Telos Corporation is a provider of cyber, cloud and enterprise security solutions. The Company operates through two segments: Security Solutions and Secure Networks. The Security Solutions segment focuses on cybersecurity, cloud and identity solutions through Xacta, Telos Ghost, Automated Message Handling System (AMHS) and Telos ID offerings. The Secure Networks segment provides secure networking architectures and solutions to its customers through secure mobility solutions and network management and defense services. The Secure Networks segment has its capabilities, which include network design, operations, and sustainment; system integration and engineering; network security and compliance; deployable comms; innovation and digital transformation; service desk; defensive cyber operations, and program management. Its customer base consists of the United States (U.S.) federal government, large commercial businesses, state and local governments, and international customers.

Principal Financial Group Inc. Stock Underperforms Tuesday When Compared To Competitors

5:17 pm ET January 3, 2023 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Principal Financial Group Inc. (PFG) slipped 0.18% to $83.77 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.40% to 3,824.14 and Dow Jones Industrial Average falling 0.03% to 33,136.37. This was the stock's second consecutive day of losses. Principal Financial Group Inc. closed $12.40 short of its 52-week high ($96.17), which the company reached on November 11th.

The stock underperformed when compared to some of its competitors Tuesday, as Chubb Ltd. (CB) rose 0.08% to $220.77. Trading volume (1.7 M) remained 11,434 below its 50-day average volume of 1.8 M.

Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 3, 2023.

(END) Dow Jones Newswires

January 03, 2023 17:17 ET (22:17 GMT)

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Principal Financial Group Inc. Stock Underperforms Tuesday When Compared To Competitors