DJ Franklin Resources Inc. Stock Underperforms Friday When Compared To Competitors
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Shares of Franklin Resources Inc. $(BEN)$ slipped 2.87% to $19.28 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.97% to 5,580.94 and Dow Jones Industrial Average falling 1.69% to 41,583.90.
This was the stock's fourth consecutive day of losses.
Franklin Resources Inc. closed 31.34% below its 52-week high of $28.08, which the company achieved on April 4th.
The stock underperformed when compared to some of its competitors Friday, as BlackRock Inc. $(BLK)$ fell 2.19% to $946.70, Goldman Sachs Group Inc. $(GS)$ fell 2.83% to $543.12, and Bank of New York Mellon Corp. $(BK)$ fell 2.10% to $82.71.
Trading volume (3.5 M) remained 684,921 below its 50-day average volume of 4.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 28, 2025.
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March 28, 2025 17:18 ET (21:18 GMT)
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