DJ Franklin Resources Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Franklin Resources Inc. $(BEN)$ rallied 1.10% to $20.24 Thursday, on what proved to be an all-around great 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 six-day losing streak.
Franklin Resources Inc. closed 29.26% short of its 52-week high of $28.61, which the company achieved on March 12th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as BlackRock Inc. $(BLK)$ rose 0.68% to $980.30, Goldman Sachs Group Inc. $(GS)$ fell 0.01% to $648.95, and Bank of New York Mellon Corp. $(BK)$ rose 1.83% to $86.88.
Trading volume (2.3 M) remained 2.0 million below its 50-day average volume of 4.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 13, 2025.
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(END) Dow Jones Newswires
February 13, 2025 17:18 ET (22:18 GMT)
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