Principal Financial Group Inc. Stock Falls Thursday, Still Outperforms Market
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Shares of Principal Financial Group Inc. (PFG) dropped 0.73% to $84.39 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.16% to 3,808.10 and Dow Jones Industrial Average falling 1.02% to 32,930.08. Principal Financial Group Inc. closed $11.78 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 Thursday, as Chubb Ltd. (CB) fell 0.37% to $223.56. Trading volume (1.8 M) eclipsed its 50-day average volume of 1.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 5, 2023.
(END) Dow Jones Newswires
January 05, 2023 17:17 ET (22:17 GMT)
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