This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Franklin Resources Inc. slipped 3.9% to $23.67 on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.4% to 6,624.70 and Dow Jones Industrial Average falling 1.6% to 46,225.15.
The stock's fall snapped a three-day winning streak.
Franklin Resources Inc. closed 16.4% below its 52-week high of $28.32, which the company reached on February 11th.
The stock underperformed when compared to some of its peers, as BlackRock Inc. fell 0.3% to $968.31, Goldman Sachs Group Inc. fell 0.2% to $805.48, and Bank of New York Mellon Corp. fell 1.26% to $114.66.
Trading volume totaled 5.8 million, compared to the 50-day average of 5.5 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
March 18, 2026 16:35 ET (20:35 GMT)
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