Principal Financial Group Inc. Stock Falls Thursday, Still Outperforms Market
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Shares of Principal Financial Group Inc. (PFG) shed 0.57% to $86.91 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.76% to 3,898.85 and Dow Jones Industrial Average falling 0.76% to 33,044.56. This was the stock's second consecutive day of losses. Principal Financial Group Inc. closed $9.26 below its 52-week high ($96.17), which the company achieved on November 11th.
Despite its losses, the stock outperformed some of its competitors Thursday, as Chubb Ltd. (CB) fell 0.60% to $219.25. Trading volume (1.7 M) eclipsed its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 19, 2023.
(END) Dow Jones Newswires
January 19, 2023 17:17 ET (22:17 GMT)
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