Principal Financial Group Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Principal Financial Group Inc. (PFG) slid 2.16% to $87.41 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.56% to 3,928.86 and Dow Jones Industrial Average falling 1.81% to 33,296.96. The stock's fall snapped a two-day winning streak. Principal Financial Group Inc. closed $8.76 below 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) fell 1.81% to $220.57. Trading volume (1.2 M) remained 305,991 below its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 18, 2023.
(END) Dow Jones Newswires
January 18, 2023 17:17 ET (22:17 GMT)
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