DJ T. Rowe Price Group Inc. Stock Underperforms Monday When Compared To Competitors
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Shares of T. Rowe Price Group Inc. $(TROW)$ slid 0.22% to $119.28 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.38% to 6,074.08 and the Dow Jones Industrial Average falling 0.25% to 43,717.48.
This was the stock's seventh consecutive day of losses.
T. Rowe Price Group Inc. closed $6.53 short of its 52-week high ($125.81), which the company reached on December 6th.
The stock underperformed when compared to some of its competitors Monday, as State Street Corp. $(STT)$ rose 0.32% to $100.78, Ares Management Corp. $(ARES)$ rose 0.69% to $183.70, and Raymond James Financial Inc. $(RJF)$ fell 0.05% to $160.41.
Trading volume (1.7 M) eclipsed its 50-day average volume of 1.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 16, 2024.
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(END) Dow Jones Newswires
December 16, 2024 17:04 ET (22:04 GMT)
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