DJ Pinnacle West Capital Corp. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Pinnacle West Capital Corp. $(PNW)$ shed 2.21% to $81.76 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.54% to 5,827.04 and Dow Jones Industrial Average falling 1.63% to 41,938.45.
The stock's fall snapped a two-day winning streak.
Pinnacle West Capital Corp. closed $13.66 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 Friday, as NextEra Energy Inc. $(NEE)$ fell 4.64% to $67.38, Southern Co. $(SO)$ fell 2.05% to $81.32, and Dominion Energy Inc. $(D)$ fell 2.22% to $53.39.
Trading volume (1.3 M) eclipsed its 50-day average volume of 1.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 10, 2025.
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(END) Dow Jones Newswires
January 10, 2025 17:25 ET (22:25 GMT)
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