DJ Franklin Resources Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Franklin Resources Inc. $(BEN)$ rose 2.21% to $19.41 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.11% to 5,842.91 and the Dow Jones Industrial Average rising 0.52% to 42,518.28.
The stock's rise snapped a two-day losing streak.
Franklin Resources Inc. closed $9.20 below its 52-week high ($28.61), which the company achieved on March 12th.
The stock outperformed some of its competitors Tuesday, as BlackRock Inc. $(BLK)$ rose 0.85% to $963.17, Goldman Sachs Group Inc. $(GS)$ rose 1.52% to $571.53, and Bank of New York Mellon Corp. $(BK)$ fell 0.22% to $75.94.
Trading volume (4.3 M) eclipsed its 50-day average volume of 4.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 14, 2025.
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(END) Dow Jones Newswires
January 14, 2025 17:25 ET (22:25 GMT)
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