DJ Pinnacle West Capital Corp. Stock Rises Monday, Still Underperforms Market
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Shares of Pinnacle West Capital Corp. $(PNW)$ inched 0.03% higher to $88.23 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.27% to 5,823.52 and the Dow Jones Industrial Average rising 0.65% to 42,387.57.
Pinnacle West Capital Corp. closed $3.34 short of its 52-week high ($91.57), which the company reached on September 17th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as NextEra Energy Inc. $(NEE)$ rose 1.77% to $82.87, Southern Co. $(SO)$ fell 0.10% to $91.79, and Dominion Energy Inc. $(D)$ rose 0.91% to $60.12.
Trading volume (575,089) remained 479,962 below its 50-day average volume of 1.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 28, 2024.
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(END) Dow Jones Newswires
October 28, 2024 17:19 ET (21:19 GMT)
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