DJ Pinnacle West Capital Corp. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Pinnacle West Capital Corp. $(PNW)$ slipped 0.69% to $73.69 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.02% to 5,099.96 and the Dow Jones Industrial Average rising 0.40% to 38,239.66.
This was the stock's second consecutive day of losses.
Pinnacle West Capital Corp. closed $12.34 below its 52-week high ($86.03), which the company achieved on July 25th.
Despite its losses, the stock outperformed some of its competitors Friday, as NextEra Energy Inc. $(NEE)$ fell 1.36% to $65.99, Southern Co. $(SO)$ fell 1.56% to $73.21, and Dominion Energy Inc. $(D)$ fell 1.02% to $50.45.
Trading volume (864,408) remained 531,036 below its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 26, 2024.
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(END) Dow Jones Newswires
April 26, 2024 17:23 ET (21:23 GMT)
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