DJ Franklin Resources Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Franklin Resources Inc. $(BEN)$ advanced 3.46% to $22.72 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.30% to 5,987.37 and the Dow Jones Industrial Average rising 0.99% to 44,736.57.
This was the stock's fourth consecutive day of gains.
Franklin Resources Inc. closed $7.60 short of its 52-week high ($30.32), which the company reached on December 27th.
The stock outperformed some of its competitors Monday, as BlackRock Inc. $(BLK)$ fell 0.48% to $1,031.49, Goldman Sachs Group Inc. $(GS)$ rose 0.04% to $603.03, and Bank of New York Mellon Corp. $(BK)$ rose 1.35% to $81.22.
Trading volume (7.1 M) eclipsed its 50-day average volume of 4.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 25, 2024.
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(END) Dow Jones Newswires
November 25, 2024 17:18 ET (22:18 GMT)
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