Franklin Resources Inc. Stock Outperforms Competitors on Strong Trading Day

Dow Jones
08/04

DJ Franklin Resources Inc. Stock Outperforms Competitors On Strong Trading Day

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

Shares of Franklin Resources Inc. (BEN) advanced 4.08% to $35.24 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.48% to 7,600.50 and the Dow Jones Industrial Average rising 1.32% to 53,178.41.

This was the stock's third consecutive day of gains.

Franklin Resources Inc. hit a new 52-week high, surpassing its previous peak of $34.92, which the company achieved on July 7th.

The stock outperformed some of its competitors Monday, as BlackRock Inc. $(BLK)$ rose 3.32% to $1,126.63, Goldman Sachs Group Inc. $(GS)$ rose 0.85% to $1,027.06, and Bank of New York Mellon Corp. $(BNY)$ fell 0.08% to $156.20.

Trading volume (7.3 M) eclipsed its 50-day average volume of 4.6 M.

Data source: Dow Jones Market Data, FactSet. Data compiled August 3, 2026.

 

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