DJ Pinnacle West Capital Corp. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Pinnacle West Capital Corp. $(PNW)$ slid 1.25% to $90.97 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.76% to 5,572.07 and Dow Jones Industrial Average falling 1.14% to 41,433.48.
The stock's fall snapped a two-day winning streak.
Pinnacle West Capital Corp. closed 4.66% short of its 52-week high of $95.42, which the company reached on November 27th.
Despite its losses, the stock outperformed some of its competitors Tuesday, as NextEra Energy Inc. $(NEE)$ fell 2.80% to $74.03, Southern Co. $(SO)$ fell 3.08% to $90.10, and Dominion Energy Inc. $(D)$ fell 2.48% to $55.14.
Trading volume (1.3 M) eclipsed its 50-day average volume of 1.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 11, 2025.
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(END) Dow Jones Newswires
March 11, 2025 17:19 ET (21:19 GMT)
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