DJ Pinnacle West Capital Corp. Stock Underperforms Monday When Compared To Competitors
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Shares of Pinnacle West Capital Corp. $(PNW)$ slipped 1.26% to $90.44 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.61% to 6,052.85 and Dow Jones Industrial Average falling 0.54% to 44,401.93.
This was the stock's second consecutive day of losses.
Pinnacle West Capital Corp. closed $4.98 below its 52-week high ($95.42), which the company reached on November 27th.
The stock underperformed when compared to some of its competitors Monday, as NextEra Energy Inc. $(NEE)$ fell 0.72% to $74.70, Southern Co. $(SO)$ fell 0.59% to $84.31, and Dominion Energy Inc. $(D)$ fell 0.82% to $55.59.
Trading volume (1.0 M) remained 313,621 below its 50-day average volume of 1.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 9, 2024.
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(END) Dow Jones Newswires
December 09, 2024 17:18 ET (22:18 GMT)
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