Principal Financial Group Inc. Stock Falls Monday, Underperforms Market
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Shares of Principal Financial Group Inc. (PFG) slid 0.67% to $86.87 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.08% to 3,892.09 and Dow Jones Industrial Average falling 0.34% to 33,517.65. Principal Financial Group Inc. closed $9.30 below its 52-week high ($96.17), which the company reached on November 11th.
Despite its losses, the stock outperformed some of its competitors Monday, as Chubb Ltd. (CB) fell 2.34% to $223.51. Trading volume (1.7 M) eclipsed its 50-day average volume of 1.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 9, 2023.
(END) Dow Jones Newswires
January 09, 2023 17:17 ET (22:17 GMT)
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