DJ T. Rowe Price Group Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of T. Rowe Price Group Inc. $(TROW)$ sank 0.19% to $123.59 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.61% to 6,052.85 and Dow Jones Industrial Average falling 0.54% to 44,401.93.
This was the stock's second consecutive day of losses.
T. Rowe Price Group Inc. closed $2.22 short of its 52-week high ($125.81), which the company reached on December 6th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as State Street Corp. $(STT)$ rose 1.04% to $99.43, Ares Management Corp. $(ARES)$ fell 1.56% to $175.29, and Raymond James Financial Inc. $(RJF)$ fell 1.14% to $161.53.
Trading volume (1.1 M) remained 129,715 below its 50-day average volume of 1.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 9, 2024.
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(END) Dow Jones Newswires
December 09, 2024 17:04 ET (22:04 GMT)
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