DJ Pinnacle West Capital Corp. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Pinnacle West Capital Corp. $(PNW)$ slipped 1.37% to $92.42 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.24% to 6,047.15 and the Dow Jones Industrial Average falling 0.29% to 44,782.00.
This was the stock's second consecutive day of losses.
Pinnacle West Capital Corp. closed $3.00 below its 52-week high ($95.42), which the company reached on November 27th.
Despite its losses, the stock outperformed some of its competitors Monday, as NextEra Energy Inc. $(NEE)$ fell 2.03% to $77.07, Southern Co. $(SO)$ fell 1.53% to $87.77, and Dominion Energy Inc. $(D)$ fell 2.40% to $57.34.
Trading volume (869,679) remained 476,804 below its 50-day average volume of 1.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 2, 2024.
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(END) Dow Jones Newswires
December 02, 2024 17:19 ET (22:19 GMT)
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