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Pinnacle West Capital Corp. stock rises Thursday, still underperforms market

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Terrence Horan

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Shares of Pinnacle West Capital Corp. PNW, -2.07% 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 SPX, -0.02% rising 1.71% to 4,438.26 and the Dow Jones Industrial Average DJIA, -0.24% 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. XEL, -1.85% rose 1.62% to $65.43, Edison International EIX, -0.42% rose 0.32% to $56.60, and IDACORP Inc. IDA, -1.84% rose 1.49% to $103.96. Trading volume (1.6 M) eclipsed its 50-day average volume of 1.1 M.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.