DJ Franklin Resources Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Franklin Resources Inc. (BEN) rallied 2.56% to $30.46 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.81% to 7,259.22 and the Dow Jones Industrial Average rising 0.73% to 49,298.25.
The stock's rise snapped a two-day losing streak.
Franklin Resources Inc. hit a new 52-week high, surpassing its previous peak of $30.36, which the company reached on May 1st.
The stock outperformed some of its competitors Tuesday, as BlackRock Inc. $(BLK)$ fell 0.32% to $1,048.91, Goldman Sachs Group Inc. $(GS)$ rose 1.73% to $918.89, and Bank of New York Mellon Corp. $(BK)$ rose 0.36% to $132.36.
Trading volume (9.1 M) eclipsed its 50-day average volume of 5.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 5, 2026.
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(END) Dow Jones Newswires
May 05, 2026 17:12 ET (21:12 GMT)
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