DJ Pinnacle West Capital Corp. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Pinnacle West Capital Corp. $(PNW)$ shed 2.32% to $85.96 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.61% to 6,086.37 and the Dow Jones Industrial Average rising 0.30% to 44,156.73.
The stock's fall snapped a six-day winning streak.
Pinnacle West Capital Corp. closed 9.91% below its 52-week high of $95.42, which the company reached on November 27th.
Despite its losses, the stock outperformed some of its competitors Wednesday, as NextEra Energy Inc. $(NEE)$ fell 3.33% to $68.49, Southern Co. $(SO)$ fell 2.61% to $82.52, and Dominion Energy Inc. $(D)$ fell 5.33% to $52.93.
Trading volume (1.1 M) remained 61,468 below its 50-day average volume of 1.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 22, 2025.
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(END) Dow Jones Newswires
January 22, 2025 17:21 ET (22:21 GMT)
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