PITTSBURGH — There is almost $70 billion more value in the major public companies based in the Pittsburgh region at the end of 2024 compared to the start of the year.
The public companies based in the Pittsburgh region saw a combined 18% gain in their stock prices during 2024, another year of strong share price performances, after these stocks rose by about 40% in 2023.
Those gains for local stocks outpaced the growth of the Dow Jones Industrial Average as a whole, which was up 13% in 2024. The S&P 500 Index was a bit stronger than local stocks, growing 25% in 2024, and the Nasdaq Composite was up even more, posting a 31% gain in 2024.
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