Principal Financial Group Inc. Stock Rises Tuesday, Outperforms Market
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Shares of Principal Financial Group Inc. (PFG) inched 0.48% higher to $89.77 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.31% to 33,733.96 and the S&P 500 Index falling 0.07% to 4,016.95. This was the stock's third consecutive day of gains. Principal Financial Group Inc. closed $6.40 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 Tuesday, as Chubb Ltd. (CB) rose 2.13% to $228.35. Trading volume (827,736) remained 715,801 below its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 24, 2023.
(END) Dow Jones Newswires
January 24, 2023 17:17 ET (22:17 GMT)
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