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 1.13% to $86.49 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.92% to 6,067.70 and the Dow Jones Industrial Average rising 0.31% to 44,850.35.
The stock's fall snapped a two-day winning streak.
Pinnacle West Capital Corp. closed 9.36% short of its 52-week high of $95.42, which the company achieved on November 27th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as NextEra Energy Inc. $(NEE)$ fell 4.46% to $70.54, Southern Co. $(SO)$ fell 3.42% to $83.54, and Dominion Energy Inc. $(D)$ fell 0.75% to $55.31.
Trading volume (914,063) remained 228,661 below its 50-day average volume of 1.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 28, 2025.
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(END) Dow Jones Newswires
January 28, 2025 17:22 ET (22:22 GMT)
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