Franklin Resources Inc. Stock Sheds 3.7%, Underperforms Market

Dow Jones
05/20

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Franklin Resources Inc. slipped 3.7% to $30.79 on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.7% to 7,353.61 and Dow Jones Industrial Average falling 0.6% to 49,363.88.

Franklin Resources Inc. closed 5.1% short of its 52-week high of $32.44, which the company achieved on May 14th.

The stock demonstrated a mixed performance when compared to some of its peers, as BlackRock Inc. fell 4.6% to $1,036.30, Goldman Sachs Group Inc. fell 1.9% to $928.74, and Bank of New York Mellon Corp. fell 0.19% to $136.32.

Trading volume totaled 5.2 million, compared to the 50-day average of 5.2 million.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

May 19, 2026 16:35 ET (20:35 GMT)

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