DJ Franklin Resources Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Franklin Resources Inc. (BEN) slid 3.91% to $32.47 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.35% to 51,848.90 and the S&P 500 Index falling 0.10% to 7,358.22.
This was the stock's second consecutive day of losses.
Franklin Resources Inc. closed 5.67% short of its 52-week high of $34.42, which the company reached on June 23rd.
The stock underperformed when compared to some of its competitors Wednesday, as BlackRock Inc. $(BLK)$ fell 3.22% to $982.60, Goldman Sachs Group Inc. $(GS)$ fell 1.60% to $1,076.91, and Bank of New York Mellon Corp. $(BNY)$ fell 2.53% to $143.56.
Trading volume (3.7 M) remained 1.2 million below its 50-day average volume of 4.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 24, 2026.
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(END) Dow Jones Newswires
June 24, 2026 17:11 ET (21:11 GMT)
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