DJ Franklin Resources Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Franklin Resources Inc. (BEN) slid 2.50% to $33.50 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.28% to 7,482.71 and Dow Jones Industrial Average falling 1.09% to 52,348.39.
This was the stock's second consecutive day of losses.
Franklin Resources Inc. closed 4.07% short of its 52-week high of $34.92, which the company achieved on July 7th.
The stock underperformed when compared to some of its competitors Wednesday, as BlackRock Inc. $(BLK)$ fell 1.89% to $990.34, Goldman Sachs Group Inc. $(GS)$ fell 1.28% to $1,029.64, and Bank of New York Mellon Corp. $(BNY)$ fell 1.81% to $150.14.
Trading volume (4.5 M) remained 392,519 below its 50-day average volume of 4.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 8, 2026.
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(END) Dow Jones Newswires
July 08, 2026 17:06 ET (21:06 GMT)
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