DJ Franklin Resources Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of Franklin Resources Inc. $(BEN)$ slid 2.10% to $20.54 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.18% to 5,853.98 and Dow Jones Industrial Average falling 0.80% to 42,931.60.
The stock's fall snapped a five-day winning streak.
Franklin Resources Inc. closed $9.78 short of its 52-week high ($30.32), which the company reached on December 27th.
The stock underperformed when compared to some of its competitors Monday, as BlackRock Inc. $(BLK)$ fell 0.64% to $1,000.53, Goldman Sachs Group Inc. $(GS)$ fell 2.02% to $517.80, and Bank of New York Mellon Corp. $(BK)$ fell 0.42% to $75.88.
Trading volume (4.9 M) eclipsed its 50-day average volume of 4.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 21, 2024.
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(END) Dow Jones Newswires
October 21, 2024 17:19 ET (21:19 GMT)
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