DJ Pinnacle West Capital Corp. Stock Underperforms Monday When Compared To Competitors
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Shares of Pinnacle West Capital Corp. $(PNW)$ slipped 1.75% to $86.02 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.38% to 6,074.08 and the Dow Jones Industrial Average falling 0.25% to 43,717.48.
This was the stock's seventh consecutive day of losses.
Pinnacle West Capital Corp. closed $9.40 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 1.13% to $72.79, Southern Co. $(SO)$ fell 1.59% to $81.88, and Dominion Energy Inc. $(D)$ fell 0.94% to $53.53.
Trading volume (1.3 M) eclipsed its 50-day average volume of 1.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 16, 2024.
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(END) Dow Jones Newswires
December 16, 2024 17:18 ET (22:18 GMT)
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