Ameriprise Financial Inc. Stock Rises Thursday, Outperforms Market

Dow Jones2023-06-02

DJ Ameriprise Financial Inc. Stock Rises Thursday, Outperforms Market

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Ameriprise Financial Inc. $(AMP)$ rallied 1.76% to $303.73 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.99% to 4,221.02 and the Dow Jones Industrial Average rising 0.47% to 33,061.57.

Ameriprise Financial Inc. closed $53.73 short of its 52-week high ($357.46), which the company achieved on February 14th.

The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Morgan Stanley $(MS)$ rose 0.38% to $82.07, Bank of New York Mellon Corp. $(BK)$ rose 2.61% to $41.25, and First Republic Bank (FRCB) fell 5.86% to $0.25.

Trading volume (581,790) remained 50,114 below its 50-day average volume of 631,904.

Data source: Dow Jones Market Data, FactSet. Data compiled June 1, 2023.

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June 01, 2023 16:37 ET (20:37 GMT)

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