DJ INVESCO Ltd. Stock Underperforms Friday When Compared To Competitors
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Shares of INVESCO Ltd. $(IVZ)$ slipped 3.85% to $15.74 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.73% to 5,408.42 and Dow Jones Industrial Average falling 1.01% to 40,345.41.
This was the stock's fourth consecutive day of losses.
INVESCO Ltd. closed $2.54 short of its 52-week high ($18.28), which the company achieved on January 8th.
The stock underperformed when compared to some of its competitors Friday, as Morgan Stanley $(MS)$ fell 2.98% to $96.59, BlackRock Inc. $(BLK)$ fell 1.11% to $866.92, and Goldman Sachs Group Inc. $(GS)$ fell 1.70% to $479.61.
Trading volume (2.9 M) remained 971,880 below its 50-day average volume of 3.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 6, 2024.
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(END) Dow Jones Newswires
September 06, 2024 17:23 ET (21:23 GMT)
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