DJ Franklin Resources Inc. Stock Underperforms Friday When Compared To Competitors
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Shares of Franklin Resources Inc. $(BEN)$ shed 3.43% to $19.12 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.54% to 5,827.04 and Dow Jones Industrial Average falling 1.63% to 41,938.45.
Franklin Resources Inc. closed $10.01 below its 52-week high ($29.13), which the company reached on January 12th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as BlackRock Inc. $(BLK)$ fell 3.09% to $955.64, Goldman Sachs Group Inc. $(GS)$ fell 3.45% to $560.00, and Bank of New York Mellon Corp. $(BK)$ fell 3.25% to $75.42.
Trading volume (5.5 M) eclipsed its 50-day average volume of 4.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 10, 2025.
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January 10, 2025 17:24 ET (22:24 GMT)
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