DJ Pinnacle West Capital Corp. Stock Outperforms Competitors On Strong Trading Day
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Shares of Pinnacle West Capital Corp. $(PNW)$ inched 0.09% higher to $86.10 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.39% to 6,050.61 and Dow Jones Industrial Average falling 0.61% to 43,449.90.
The stock's rise snapped a seven-day losing streak.
Pinnacle West Capital Corp. closed $9.32 short of its 52-week high ($95.42), which the company reached on November 27th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as NextEra Energy Inc. $(NEE)$ fell 0.71% to $72.27, Southern Co. $(SO)$ rose 1.71% to $83.28, and Dominion Energy Inc. $(D)$ rose 0.11% to $53.59.
Trading volume (1.2 M) remained 78,018 below its 50-day average volume of 1.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 17, 2024.
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(END) Dow Jones Newswires
December 17, 2024 17:19 ET (22:19 GMT)
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