DJ T. Rowe Price Group Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of T. Rowe Price Group Inc. $(TROW)$ advanced 1.37% to $124.69 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.19% to 6,075.11 and Dow Jones Industrial Average falling 0.55% to 44,765.71.
The stock's rise snapped a four-day losing streak.
T. Rowe Price Group Inc. closed $0.14 below its 52-week high ($124.83), which the company reached on November 27th.
The stock outperformed some of its competitors Thursday, as State Street Corp. $(STT)$ rose 1.26% to $98.60, Ares Management Corp. $(ARES)$ rose 0.12% to $177.07, and Raymond James Financial Inc. $(RJF)$ fell 0.13% to $165.54.
Trading volume (1.8 M) eclipsed its 50-day average volume of 1.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 5, 2024.
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(END) Dow Jones Newswires
December 05, 2024 17:04 ET (22:04 GMT)
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