DJ Pinnacle West Capital Corp. Stock Underperforms Friday When Compared To Competitors Despite Daily Gains
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Shares of Pinnacle West Capital Corp. $(PNW)$ advanced 1.85% to $92.54 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.59% to 5,954.50 and the Dow Jones Industrial Average rising 1.39% to 43,840.91.
The stock's rise snapped a two-day losing streak.
Pinnacle West Capital Corp. closed 3.02% 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 Friday, as NextEra Energy Inc. $(NEE)$ rose 1.97% to $70.17, Southern Co. $(SO)$ rose 1.70% to $89.79, and Dominion Energy Inc. $(D)$ rose 1.45% to $56.62.
Trading volume (938,189) remained 88,749 below its 50-day average volume of 1.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 28, 2025.
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February 28, 2025 17:18 ET (22:18 GMT)
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