DJ Franklin Resources Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Franklin Resources Inc. (BEN) shed 2.38% to $34.92 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.49% to 54,349.12 and the S&P 500 Index falling 0.17% to 7,723.55.
The stock's fall snapped a four-day winning streak.
Franklin Resources Inc. closed 2.62% below its 52-week high of $35.86, which the company achieved on August 4th.
The stock underperformed when compared to some of its competitors Wednesday, as BlackRock Inc. $(BLK)$ rose 0.22% to $1,133.58, Goldman Sachs Group Inc. $(GS)$ rose 0.70% to $1,060.38, and Bank of New York Mellon Corp. $(BNY)$ rose 1.22% to $158.74.
Trading volume (4.8 M) eclipsed its 50-day average volume of 4.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 5, 2026.
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