Principal Financial Group Inc. Stock Outperforms Market On Strong Trading Day

Goldman Sachs Group Inc

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Financials : Capital Markets | Large Cap Value

Company profile

The Goldman Sachs Group, Inc. is a global financial institution that delivers a range of financial services across investment banking, securities, investment management and consumer banking to a diversified client base that includes corporations, financial institutions, governments and individuals. The Company segments include Global Banking & Markets, Asset & Wealth Management and Platform Solutions. The Global Banking & Markets segment includes financing, advisory services, risk distribution, and hedging for its institutional and corporate clients, including Fixed Income, Currency and Commodities (FICC) and Equities, Investment Banking and Marquee. The Asset & Wealth Management segment includes advice, investing, and execution for institutions and individuals across public and private markets. The Platform Solutions segment includes consumer platforms, such as partnerships offering credit cards and point-of-sale financing, and transaction banking and other platform businesses.

Principal Financial Group Inc. Stock Outperforms Market On Strong Trading Day

5:18 pm ET January 26, 2023 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Principal Financial Group Inc. (PFG) rallied 1.73% to $92.26 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.10% to 4,060.43 and the Dow Jones Industrial Average rising 0.61% to 33,949.41. This was the stock's fifth consecutive day of gains. Principal Financial Group Inc. closed $3.91 below its 52-week high ($96.17), which the company reached on November 11th.

The stock outperformed some of its competitors Thursday, as Chubb Ltd. (CB) rose 0.58% to $231.11. Trading volume (1.4 M) remained 150,778 below its 50-day average volume of 1.5 M.

Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 26, 2023.

(END) Dow Jones Newswires

January 26, 2023 17:18 ET (22:18 GMT)