DJ Franklin Resources Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Franklin Resources Inc. $(BEN)$ rose 2.01% to $20.78 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.27% to 5,823.52 and the Dow Jones Industrial Average rising 0.65% to 42,387.57.
This was the stock's third consecutive day of gains.
Franklin Resources Inc. closed $9.54 below its 52-week high ($30.32), which the company achieved on December 27th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as BlackRock Inc. $(BLK)$ rose 1.25% to $986.22, Goldman Sachs Group Inc. $(GS)$ rose 2.14% to $523.58, and Bank of New York Mellon Corp. $(BK)$ rose 1.74% to $76.51.
Trading volume (3.7 M) remained 1.1 million below its 50-day average volume of 4.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 28, 2024.
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(END) Dow Jones Newswires
October 28, 2024 17:19 ET (21:19 GMT)
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