DJ T. Rowe Price Group Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of T. Rowe Price Group Inc. $(TROW)$ slid 0.31% to $114.33 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.55% to 5,975.38 and the Dow Jones Industrial Average falling 0.06% to 42,706.56.
The stock's fall snapped a two-day winning streak.
T. Rowe Price Group Inc. closed $11.48 short of its 52-week high ($125.81), which the company achieved on December 6th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as State Street Corp. $(STT)$ rose 0.78% to $98.43, Ares Management Corp. $(ARES)$ fell 0.45% to $180.30, and Raymond James Financial Inc. $(RJF)$ rose 1.36% to $159.87.
Trading volume (1.1 M) remained 263,900 below its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 6, 2025.
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(END) Dow Jones Newswires
January 06, 2025 17:08 ET (22:08 GMT)
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