DJ Pinnacle West Capital Corp. Stock Underperforms Thursday When Compared To Competitors
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Shares of Pinnacle West Capital Corp. $(PNW)$ dropped 0.98% to $89.22 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.74% to 5,973.10 and the Dow Jones Industrial Average remaining mostly unchanged at 43,729.34.
The stock's fall snapped a two-day winning streak.
Pinnacle West Capital Corp. closed $3.37 short of its 52-week high ($92.59), which the company reached on November 6th.
The stock underperformed when compared to some of its competitors Thursday, as NextEra Energy Inc. $(NEE)$ rose 0.13% to $74.62, Southern Co. $(SO)$ fell 0.56% to $86.93, and Dominion Energy Inc. $(D)$ fell 0.77% to $56.63.
Trading volume (2.1 M) eclipsed its 50-day average volume of 1.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 7, 2024.
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(END) Dow Jones Newswires
November 07, 2024 17:19 ET (22:19 GMT)
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