DJ Pinnacle West Capital Corp. Stock Rises Wednesday, Still Underperforms Market
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Shares of Pinnacle West Capital Corp. $(PNW)$ advanced 2.03% to $90.62 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 9.52% to 5,456.90 and the Dow Jones Industrial Average rising 7.87% to 40,608.45.
The stock's rise snapped a four-day losing streak.
Pinnacle West Capital Corp. closed 6.09% below its 52-week high of $96.50, which the company achieved on April 3rd.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as NextEra Energy Inc. $(NEE)$ rose 5.41% to $67.58, Southern Co. $(SO)$ rose 1.08% to $87.80, and Dominion Energy Inc. $(D)$ rose 5.22% to $52.25.
Trading volume (1.8 M) eclipsed its 50-day average volume of 1.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 9, 2025.
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(END) Dow Jones Newswires
April 09, 2025 17:17 ET (21:17 GMT)
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