DJ INVESCO Ltd. Stock Underperforms Wednesday When Compared To Competitors
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Shares of INVESCO Ltd. $(IVZ)$ slipped 5.28% to $16.86 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 2.95% to 5,872.16 and Dow Jones Industrial Average falling 2.58% to 42,326.87.
This was the stock's second consecutive day of losses.
INVESCO Ltd. closed $2.08 below its 52-week high ($18.94), which the company reached on November 6th.
The stock underperformed when compared to some of its competitors Wednesday, as Morgan Stanley $(MS)$ fell 5.25% to $121.04, BlackRock Inc. $(BLK)$ fell 2.76% to $1,020.30, and Goldman Sachs Group Inc. $(GS)$ fell 4.25% to $550.25.
Trading volume (3.5 M) remained 44,337 below its 50-day average volume of 3.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 18, 2024.
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(END) Dow Jones Newswires
December 18, 2024 17:20 ET (22:20 GMT)
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