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 1.57% to $88.20 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.03% to 5,808.12 and Dow Jones Industrial Average falling 0.61% to 42,114.40.
The stock's fall snapped a three-day winning streak.
Pinnacle West Capital Corp. closed $3.37 below its 52-week high ($91.57), which the company reached on September 17th.
Despite its losses, the stock outperformed some of its competitors Friday, as NextEra Energy Inc. $(NEE)$ fell 1.67% to $81.43, Southern Co. $(SO)$ fell 1.85% to $91.88, and Dominion Energy Inc. $(D)$ fell 1.96% to $59.58.
Trading volume (767,267) remained 291,281 below its 50-day average volume of 1.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 25, 2024.
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(END) Dow Jones Newswires
October 25, 2024 17:19 ET (21:19 GMT)
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