DJ Raymond James Financial Inc. Stock Underperforms Thursday When Compared To Competitors Despite Daily Gains
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Shares of Raymond James Financial Inc. $(RJF)$ inched 0.07% higher to $108.22 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.02% to 3,744.52 and Dow Jones Industrial Average falling 1.15% to 29,926.94. This was the stock's fifth consecutive day of gains. Raymond James Financial Inc. closed $9.15 below its 52-week high ($117.37), which the company reached on February 10th.
The stock underperformed when compared to some of its competitors Thursday, as Charles Schwab Corp. $(SCHW)$ rose 0.08% to $75.99. Trading volume (1.0 M) eclipsed its 50-day average volume of 914,103.
Data source: Dow Jones Market Data, FactSet. Data compiled October 6, 2022.
(END) Dow Jones Newswires
October 06, 2022 17:19 ET (21:19 GMT)
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