Principal Financial Group Inc. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains

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Industrials : Aerospace & Defense | Mid Cap Growth
Based in Canada

Company profile

CAE Inc. is a Canada-based technology company. The Company operates through three segments: Civil Aviation, Defense and Security, and Healthcare. The Civil Aviation training segment provides comprehensive training solutions for flight, cabin, maintenance and ground personnel in commercial, business and helicopter aviation, a complete range of flight simulation training devices, ab initio pilot training and crew sourcing services, as well as end-to-end digitally enabled crew management, training operations solutions and optimization software. The defense and Security segment provides training and simulation pure play focusing on ensuring mission readiness by integrating systems and solutions across all five domains for government organizations responsible for public safety. Healthcare segment provides healthcare students and clinical professionals innovative, integrated and virtual education and training solutions, including interventional and imaging simulations and curricular.

Principal Financial Group Inc. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains

5:18 pm ET January 4, 2023 (MarketWatch) Print

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

Shares of Principal Financial Group Inc. (PFG) rose 1.48% to $85.01 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.75% to 3,852.97 and the Dow Jones Industrial Average rising 0.40% to 33,269.77. The stock's rise snapped a two-day losing streak. Principal Financial Group Inc. closed $11.16 short of its 52-week high ($96.17), which the company achieved on November 11th.

The stock underperformed when compared to some of its competitors Wednesday, as Chubb Ltd. (CB) rose 1.64% to $224.40. Trading volume (1.7 M) remained 4,760 below its 50-day average volume of 1.7 M.

Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 4, 2023.

(END) Dow Jones Newswires

January 04, 2023 17:18 ET (22:18 GMT)