DJ T. Rowe Price Group Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of T. Rowe Price Group Inc. $(TROW)$ inched 0.38% higher to $112.49 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.28% to 5,712.69 and Dow Jones Industrial Average falling 0.61% to 41,794.60.
This was the stock's second consecutive day of gains.
T. Rowe Price Group Inc. closed $9.78 short of its 52-week high ($122.27), which the company achieved on March 28th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as State Street Corp. $(STT)$ fell 0.58% to $92.26, Ares Management Corp. $(ARES)$ fell 1.35% to $159.68, and Raymond James Financial Inc. $(RJF)$ rose 0.73% to $145.35.
Trading volume (1.9 M) eclipsed its 50-day average volume of 1.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 4, 2024.
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(END) Dow Jones Newswires
November 04, 2024 17:05 ET (22:05 GMT)
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