DJ Pinnacle West Capital Corp. Stock Rises Thursday, Still Underperforms Market
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Shares of Pinnacle West Capital Corp. $(PNW)$ inched 0.13% higher to $75.04 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.91% to 5,064.20 and the Dow Jones Industrial Average rising 0.85% to 38,225.66.
This was the stock's second consecutive day of gains.
Pinnacle West Capital Corp. closed $10.99 below its 52-week high ($86.03), which the company achieved on July 25th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as NextEra Energy Inc. $(NEE)$ rose 0.35% to $68.85, Southern Co. $(SO)$ rose 1.09% to $75.33, and Dominion Energy Inc. $(D)$ rose 0.02% to $51.16.
Data source: Dow Jones Market Data, FactSet. Data compiled May 2, 2024.
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May 02, 2024 17:22 ET (21:22 GMT)
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