DJ Franklin Resources Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Franklin Resources Inc. $(BEN)$ advanced 1.10% to $20.31 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.65% to 44,713.58 and the S&P 500 Index falling 1.46% to 6,012.28.
This was the stock's sixth consecutive day of gains.
Franklin Resources Inc. closed 29.01% short of its 52-week high of $28.61, which the company achieved on March 12th.
The stock outperformed some of its competitors Monday, as BlackRock Inc. $(BLK)$ rose 0.93% to $1,029.94, Goldman Sachs Group Inc. $(GS)$ fell 0.57% to $633.28, and Bank of New York Mellon Corp. $(BK)$ rose 0.68% to $85.90.
Trading volume (4.4 M) eclipsed its 50-day average volume of 3.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 27, 2025.
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January 27, 2025 17:19 ET (22:19 GMT)
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