DJ T. Rowe Price Group Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of T. Rowe Price Group Inc. $(TROW)$ shed 3.80% to $108.55 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.
This was the stock's fourth consecutive day of losses.
T. Rowe Price Group Inc. closed $17.26 below its 52-week high ($125.81), which the company reached on December 6th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as State Street Corp. $(STT)$ fell 3.91% to $93.91, Ares Management Corp. $(ARES)$ fell 3.98% to $175.04, and Raymond James Financial Inc. $(RJF)$ fell 3.24% to $154.21.
Trading volume (2.2 M) eclipsed its 50-day average volume of 1.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 10, 2025.
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January 10, 2025 17:06 ET (22:06 GMT)
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