Shares of Pinnacle West Capital Corp.
advanced 1.56% to $67.53 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
rising 1.71% to 4,438.26 and the Dow Jones Industrial Average
rising 1.56% to 34,912.56. The stock's rise snapped a two-day losing streak. Pinnacle West Capital Corp. closed $24.35 below its 52-week high ($91.88), which the company reached on November 11th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Xcel Energy Inc.
rose 1.62% to $65.43, Edison International
rose 0.32% to $56.60, and IDACORP Inc.
rose 1.49% to $103.96. Trading volume (1.6 M) eclipsed its 50-day average volume of 1.1 M.