DJ Ameriprise Financial Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Ameriprise Financial Inc. $(AMP)$ advanced 2.44% to $539.74 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.04% to 6,115.07 and the Dow Jones Industrial Average rising 0.77% to 44,711.43.
The stock's rise snapped a four-day losing streak.
Ameriprise Financial Inc. closed 7.27% below its 52-week high of $582.05, which the company reached on January 30th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Morgan Stanley $(MS)$ fell 0.20% to $136.84, Bank of New York Mellon Corp. $(BK)$ rose 1.83% to $86.88, and First Republic Bank $(FRCB)$ rose 16.28% to $0.01.
Trading volume (910,392) eclipsed its 50-day average volume of 504,380.
Data source: Dow Jones Market Data, FactSet. Data compiled February 13, 2025.
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February 13, 2025 16:47 ET (21:47 GMT)
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