DJ Franklin Resources Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Franklin Resources Inc. (BEN) slid 2.82% to $32.39 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.52% to 7,316.15 and Dow Jones Industrial Average falling 2.19% to 51,594.14.
The stock's fall snapped a three-day winning streak.
Franklin Resources Inc. closed 7.25% below its 52-week high of $34.92, which the company achieved on July 7th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as BlackRock Inc. $(BLK)$ fell 1.67% to $1,079.19, Goldman Sachs Group Inc. $(GS)$ fell 5.09% to $980.75, and Bank of New York Mellon Corp. $(BNY)$ fell 2.55% to $152.50.
Trading volume (5.2 M) eclipsed its 50-day average volume of 4.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 29, 2026.