DJ Franklin Resources Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Franklin Resources Inc. $(BEN)$ rose 2.00% to $20.94 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.24% to 6,129.58 and the Dow Jones Industrial Average rising 0.02% to 44,556.34.
This was the stock's third consecutive day of gains.
Franklin Resources Inc. closed 26.81% short of its 52-week high of $28.61, which the company achieved on March 12th.
The stock outperformed some of its competitors Tuesday, as BlackRock Inc. $(BLK)$ rose 0.40% to $977.86, Goldman Sachs Group Inc. $(GS)$ rose 1.76% to $672.19, and Bank of New York Mellon Corp. $(BK)$ rose 1.21% to $88.90.
Trading volume (4.2 M) remained 133,378 below its 50-day average volume of 4.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 18, 2025.
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(END) Dow Jones Newswires
February 18, 2025 17:21 ET (22:21 GMT)
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