This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Franklin Resources Inc. rose 2.8% to $23.82 on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.5% to 6,173.07 and the Dow Jones Industrial Average rising 1.0% to 43,819.27.
This was the stock's second consecutive day of gains.
Franklin Resources Inc. closed 2.2% short of its 52-week high of $24.37, which the company achieved on July 18th.
The stock outperformed some of its competitors, as BlackRock Inc. rose 1.7% to $1,047.82, Goldman Sachs Group Inc. rose 0.5% to $690.81, and Bank of New York Mellon Corp. rose 1.27% to $91.18.
Trading volume totaled 9.7 million, compared to the 50-day average of 4.8 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
June 27, 2025 16:35 ET (20:35 GMT)
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