DJ Pinnacle West Capital Corp. Stock Underperforms Thursday When Compared To Competitors
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Shares of Pinnacle West Capital Corp. $(PNW)$ slumped 0.54% to $84.31 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.22% to 5,868.55 and Dow Jones Industrial Average falling 0.36% to 42,392.27.
This was the stock's fifth consecutive day of losses.
Pinnacle West Capital Corp. closed $11.11 below its 52-week high ($95.42), which the company reached on November 27th.
The stock underperformed when compared to some of its competitors Thursday, as NextEra Energy Inc. $(NEE)$ fell 0.11% to $71.61, Southern Co. $(SO)$ fell 0.30% to $82.07, and Dominion Energy Inc. $(D)$ rose 1.00% to $54.40.
Trading volume (858,963) remained 399,489 below its 50-day average volume of 1.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 2, 2025.
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January 02, 2025 17:25 ET (22:25 GMT)
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