DJ Ameriprise Financial Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Ameriprise Financial Inc. $(AMP)$ shed 0.78% to $373.47 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.37% to 4,765.98 and Dow Jones Industrial Average falling 0.62% to 37,361.12.
This was the stock's second consecutive day of losses.
Ameriprise Financial Inc. closed $12.86 short of its 52-week high ($386.33), which the company achieved on January 3rd.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Morgan Stanley $(MS)$ fell 4.16% to $85.97, Bank of New York Mellon Corp. $(BK)$ rose 0.98% to $55.39, and First Republic Bank $(FRCB)$ fell 14.63% to $0.09.
Trading volume (813,812) eclipsed its 50-day average volume of 484,096.
Data source: Dow Jones Market Data, FactSet. Data compiled January 16, 2024.
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(END) Dow Jones Newswires
January 16, 2024 16:58 ET (21:58 GMT)
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