DJ Ameriprise Financial Inc. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Ameriprise Financial Inc. $(AMP)$ shed 7.38% to $422.19 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 5.97% to 5,074.08 and Dow Jones Industrial Average falling 5.50% to 38,314.86.
This was the stock's second consecutive day of losses.
Ameriprise Financial Inc. closed 27.46% short of its 52-week high of $582.05, which the company reached on January 30th.
Despite its losses, the stock outperformed some of its competitors Friday, as Morgan Stanley $(MS)$ fell 7.50% to $99.83, Bank of New York Mellon Corp. $(BK)$ fell 8.26% to $73.31, and First Republic Bank $(FRCB)$ fell 21.28% to $0.00.
Trading volume (827,891) eclipsed its 50-day average volume of 562,252.
Data source: Dow Jones Market Data, FactSet. Data compiled April 4, 2025.
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(END) Dow Jones Newswires
April 04, 2025 16:48 ET (20:48 GMT)
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