DJ T. Rowe Price Group Inc. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains
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Shares of T. Rowe Price Group Inc. $(TROW)$ inched 0.26% higher to $117.93 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.10% to 6,001.35 and the Dow Jones Industrial Average rising 0.69% to 44,293.13.
The stock's rise snapped a two-day losing streak.
T. Rowe Price Group Inc. closed $4.34 short of its 52-week high ($122.27), which the company reached on March 28th.
The stock underperformed when compared to some of its competitors Monday, as State Street Corp. $(STT)$ rose 1.87% to $96.55, Ares Management Corp. $(ARES)$ rose 0.59% to $171.38, and Raymond James Financial Inc. $(RJF)$ rose 2.51% to $162.71.
Trading volume (944,161) remained 291,798 below its 50-day average volume of 1.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 11, 2024.
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(END) Dow Jones Newswires
November 11, 2024 17:05 ET (22:05 GMT)
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