DJ Franklin Resources Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Franklin Resources Inc. $(BEN)$ inched 0.70% higher to $20.23 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.21% to 5,809.86 and the Dow Jones Industrial Average falling 0.33% to 42,374.36.
The stock's rise snapped a three-day losing streak.
Franklin Resources Inc. closed $10.09 below its 52-week high ($30.32), which the company reached on December 27th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as BlackRock Inc. $(BLK)$ fell 0.42% to $984.00, Goldman Sachs Group Inc. $(GS)$ rose 1.41% to $524.50, and Bank of New York Mellon Corp. $(BK)$ rose 0.17% to $76.50.
Trading volume (2.1 M) remained 2.8 million below its 50-day average volume of 4.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 24, 2024.
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(END) Dow Jones Newswires
October 24, 2024 17:19 ET (21:19 GMT)
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