DJ T. Rowe Price Group Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of T. Rowe Price Group Inc. $(TROW)$ slipped 1.40% to $104.74 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.01% to 5,956.06 and the Dow Jones Industrial Average falling 0.43% to 43,433.12.
This was the stock's second consecutive day of losses.
T. Rowe Price Group Inc. closed 16.75% below its 52-week high of $125.81, which the company achieved on December 6th.
The stock underperformed when compared to some of its competitors Wednesday, as State Street Corp. $(STT)$ rose 0.12% to $97.33, Ares Management Corp. $(ARES)$ rose 0.96% to $168.97, and Raymond James Financial Inc. $(RJF)$ rose 0.30% to $151.39.
Trading volume (1.5 M) eclipsed its 50-day average volume of 1.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled February 26, 2025.
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(END) Dow Jones Newswires
February 26, 2025 17:05 ET (22:05 GMT)
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