DJ Pinnacle West Capital Corp. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Pinnacle West Capital Corp. $(PNW)$ dropped 0.18% to $84.80 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.07% to 5,906.94 and Dow Jones Industrial Average falling 0.97% to 42,573.73.
This was the stock's third consecutive day of losses.
Pinnacle West Capital Corp. closed $10.62 short of its 52-week high ($95.42), which the company achieved on November 27th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as NextEra Energy Inc. $(NEE)$ fell 0.49% to $71.76, Southern Co. $(SO)$ fell 0.91% to $82.38, and Dominion Energy Inc. $(D)$ fell 0.11% to $53.87.
Trading volume (731,050) remained 570,055 below its 50-day average volume of 1.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 30, 2024.
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(END) Dow Jones Newswires
December 30, 2024 17:25 ET (22:25 GMT)
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