DJ Raymond James Financial Inc. Stock Underperforms Thursday When Compared To Competitors Despite Daily Gains
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Shares of Raymond James Financial Inc. $(RJF)$ inched 0.02% higher to $121.96 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.06% to 37,775.38 and the S&P 500 Index falling 0.22% to 5,011.12.
This was the stock's second consecutive day of gains.
Raymond James Financial Inc. closed $9.23 short of its 52-week high ($131.19), which the company achieved on April 4th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Bank of New York Mellon Corp. $(BK)$ rose 1.45% to $55.25, T. Rowe Price Group Inc. $(TROW)$ fell 2.40% to $108.72, and Ameriprise Financial Inc. $(AMP)$ rose 0.21% to $412.63.
Trading volume (1.0 M) eclipsed its 50-day average volume of 943,754.
Data source: Dow Jones Market Data, FactSet. Data compiled April 18, 2024.
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(END) Dow Jones Newswires
April 18, 2024 17:05 ET (21:05 GMT)
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