DJ Franklin Resources Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of Franklin Resources Inc. $(BEN)$ slipped 3.66% to $16.87 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.23% to 5,062.25 and Dow Jones Industrial Average falling 0.91% to 37,965.60.
This was the stock's third consecutive day of losses.
Franklin Resources Inc. closed 38.77% below its 52-week high of $27.55, which the company reached on April 9th.
The stock underperformed when compared to some of its competitors Monday, as BlackRock Inc. $(BLK)$ fell 0.62% to $817.50, Goldman Sachs Group Inc. $(GS)$ fell 1.13% to $465.51, and Bank of New York Mellon Corp. $(BK)$ rose 1.06% to $74.09.
Trading volume (10.3 M) eclipsed its 50-day average volume of 4.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 7, 2025.
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(END) Dow Jones Newswires
April 07, 2025 17:18 ET (21:18 GMT)
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