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

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

Shares of Power Corp. of Canada POW, +0.30% inched 0.30% higher to C$36.84 Monday, in what proved to be an all-around favorable trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE, +0.82% rising 0.82% to 20,919.40.

This was the stock’s sixth consecutive day of gains. Power Corp. of Canada closed C$7.69 below its 52-week high (C$44.53), which the company reached on August 31st. Trading volume of 486,503 shares remained below its 50-day average volume of 2.5 M.

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