Canadian Company Close Updates

Power Corp. of Canada stock rises Thursday, still underperforms market

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Terrence Horan

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Shares of Power Corp. of Canada POW, -0.35% inched 0.76% higher to C$42.47 Thursday, in what proved to be an all-around favorable trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE, +0.48% rising 0.98% to 20,819.94. The stock's rise snapped a two-day losing streak. Power Corp. of Canada closed C$2.06 below its 52-week high (C$44.53), which the company achieved on August 31st. Trading volume of 4.7 M shares eclipsed its 50-day average volume of 2.1 M.

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