Risk-off mood drags Prudential Financial 5.07% lower

Published: March 19 2023, 10:25 GMT+0

Risk-off mood drags Prudential Financial 5.07% lower

A quick look at Friday: during Friday's session, Prudential Financial Inc toiled and struggled for upward momentum before closing at $78. By the close, the the mammoth insurance company suffered a $4.19 or 5.07% loss.

Prudential Financial was not the only decliner in the financials sector; HSBC Holdings went down to $33.08, losing 4.09% after it closed at $34.49 Friday. Berkshire Hathaway closed at $293.51 (down 2.81%). JP Morgan Chase lost 3.78% Friday and closed at $125.81.

Pointing downwards for around a month. The mammoth insurance company is now trading 20.38% below its 3-month high of $121.06.

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