DJ T. Rowe Price Group Inc. Stock Underperforms Friday When Compared To Competitors
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Shares of T. Rowe Price Group Inc. $(TROW)$ dropped 0.86% to $118.77 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.32% to 5,870.62 and Dow Jones Industrial Average falling 0.70% to 43,444.99.
The stock's fall snapped a four-day winning streak.
T. Rowe Price Group Inc. closed $3.50 short of its 52-week high ($122.27), which the company reached on March 28th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as State Street Corp. $(STT)$ rose 1.38% to $95.48, Ares Management Corp. $(ARES)$ fell 1.07% to $167.21, and Raymond James Financial Inc. $(RJF)$ rose 0.33% to $160.68.
Trading volume (1.3 M) eclipsed its 50-day average volume of 1.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 15, 2024.
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(END) Dow Jones Newswires
November 15, 2024 17:04 ET (22:04 GMT)
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