Principal Financial Group Inc. stock rises Friday, still underperforms market - MarketWatch
Shares of Principal Financial Group Inc. PFG, +0.68% inched 0.68% higher to $65.03 Friday, on what proved to be an all-around positive trading session for the stock market, with the SP 500 Index SPX, +0.81% rising 0.81% to 4,441.67 and the Dow Jones Industrial Average DJIA, +0.65% rising 0.65% to 35,120.08. The stock's rise snapped a five-day losing streak. Principal Financial Group Inc. closed $2.94 short of its 52-week high ($67.97), which the company achieved on May 10th.
The stock underperformed when compared to some of its competitors Friday, as AFLAC Inc. AFL, +0.79% rose 0.79% to $56.36, Assurant Inc. AIZ, +0.97% rose 0.97% to $165.13, and Aegon N.V. ADR AEG, +1.03% rose 1.03% to $4.89. Trading volume (1.1 M) eclipsed its 50-day average volume of 1.1 M.