DJ Franklin Resources Inc. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains
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Shares of Franklin Resources Inc. $(BEN.AU)$ advanced 3.58% to $21.69 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 3.26% to 5,844.19 and the Dow Jones Industrial Average rising 2.81% to 42,410.10.
This was the stock's fifth consecutive day of gains.
Franklin Resources Inc. closed 12.75% short of its 52-week high of $24.86, which the company achieved on May 15th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as BlackRock Inc. $(BLK)$ rose 3.75% to $958.03, Goldman Sachs Group Inc. $(GS)$ rose 4.27% to $591.34, and Bank of New York Mellon Corp. $(BK)$ rose 1.39% to $87.10.
Data source: Dow Jones Market Data, FactSet. Data compiled May 12, 2025.
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May 12, 2025 17:16 ET (21:16 GMT)
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