DJ Ameriprise Financial Inc. Stock Rises Friday, Still Underperforms Market
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Shares of Ameriprise Financial Inc. $(AMP)$ inched 0.33% higher to $572.07 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.35% to 5,969.34 and the Dow Jones Industrial Average rising 0.97% to 44,296.51.
This was the stock's second consecutive day of gains.
Ameriprise Financial Inc. closed $1.37 short of its 52-week high ($573.44), which the company achieved on November 21st.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Morgan Stanley $(MS)$ fell 0.22% to $134.69, Bank of New York Mellon Corp. $(BK)$ rose 1.60% to $80.14, and First Republic Bank $(FRCB)$ rose 9.09% to $0.01.
Trading volume (496,646) eclipsed its 50-day average volume of 439,349.
Data source: Dow Jones Market Data, FactSet. Data compiled November 22, 2024.
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(END) Dow Jones Newswires
November 22, 2024 16:51 ET (21:51 GMT)
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