DJ Pinnacle West Capital Corp. Stock Rises Friday, Still Underperforms Market
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Shares of Pinnacle West Capital Corp. $(PNW)$ inched 0.43% higher to $84.96 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.09% to 5,930.85 and the Dow Jones Industrial Average rising 1.18% to 42,840.26.
This was the stock's second consecutive day of gains.
Pinnacle West Capital Corp. closed $10.46 below its 52-week high ($95.42), which the company reached on November 27th.
The stock underperformed when compared to some of its competitors Friday, as NextEra Energy Inc. $(NEE)$ rose 2.72% to $71.67, Southern Co. $(SO)$ rose 1.32% to $82.86, and Dominion Energy Inc. $(D)$ rose 1.26% to $53.66.
Trading volume (1.9 M) eclipsed its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 20, 2024.
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(END) Dow Jones Newswires
December 20, 2024 17:25 ET (22:25 GMT)
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