Ameriprise Financial Inc. Stock Falls Monday, Underperforms Market

Dow Jones2023-12-19

DJ Ameriprise Financial Inc. Stock Falls Monday, Underperforms Market

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

Shares of Ameriprise Financial Inc. $(AMP)$ slid 0.46% to $376.12 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.45% to 4,740.56 and the Dow Jones Industrial Average remaining mostly unchanged at 37,306.02.

This was the stock's second consecutive day of losses.

Ameriprise Financial Inc. closed $4.17 below its 52-week high ($380.29), which the company reached on December 14th.

The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Morgan Stanley $(MS)$ fell 0.90% to $90.76, Bank of New York Mellon Corp. $(BK)$ fell 0.39% to $51.43, and First Republic Bank $(FRCB)$ fell 11.67% to $0.05.

Trading volume (431,248) remained 104,989 below its 50-day average volume of 536,237.

Data source: Dow Jones Market Data, FactSet. Data compiled December 18, 2023.

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December 18, 2023 16:57 ET (21:57 GMT)

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