DJ Franklin Resources Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Franklin Resources Inc. $(BEN)$ rose 1.25% to $28.40 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.12% to 38,769.66 and the S&P 500 Index falling 0.11% to 5,117.94.
This was the stock's fourth consecutive day of gains.
Franklin Resources Inc. closed $1.92 short of its 52-week high ($30.32), which the company achieved on December 27th.
The stock outperformed some of its competitors Monday, as BlackRock Inc. $(BLK)$ fell 1.31% to $825.16, Goldman Sachs Group Inc. $(GS)$ fell 0.21% to $386.16, and Bank of New York Mellon Corp. $(BK)$ rose 0.25% to $55.61.
Trading volume (2.7 M) remained 617,538 below its 50-day average volume of 3.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 11, 2024.
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(END) Dow Jones Newswires
March 11, 2024 17:16 ET (21:16 GMT)
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