Power Corp. Of Canada Stock Falls Tuesday, Underperforms Market
Dow Jones2026/09/29 20:34This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Power Corp. of Canada POW slid 1.35% to C$91.53 Tuesday, in what proved to be an all-around poor trading session for the Canadian market, with the S&P/TSX Composite Index falling 0.08% to 35,460.27.
Power Corp. of Canada closed 6.3% short of its 52-week high of C$97.66, which the company reached on July 31st.
Trading volume of 1.4 M shares remained below its 50-day average volume of 2.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 29, 2026.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
September 29, 2026 16:34 ET (20:34 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BoE’s Greene says it is appropriate to proactively tighten our monetary policy stance
CoreWeave plans to issue at least $4 billion in investment-grade loans, falling nearly 6% after hours
According to Bloomberg, CoreWeave is seeking to refinance at least 4 billion USD through an investment-grade loan, led by Morgan Stanley and Mitsubishi UFJ, with a syndication roadshow expected to start as soon as next week. This financing continues the structure of using Nvidia chips and customer contracts as collateral, with the yield on the issuance anticipated to be around 7% to 7.5%, much lower than its junk bond yield. Following the news, CoreWeave's shares fell nearly 5.8% after hours.
Outperformed the S&P by 19.2 percentage points in one month: Berkshire (BRK.B) achieves its highest monthly relative advantage since 2010, second only to the 2008 financial crisis
As the AI trading boom subsides and technology stocks waver, one of the market’s oldest “safe havens” has once again proven its value. Berkshire Hathaway (BRK.B) has just recorded one of its most notable relative gains in over a decade.
Crypto prices
More
