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April 14, 2021, 4:40 p.m. EDT

Franklin Resources Inc. stock outperforms market on strong trading day

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Shares of Franklin Resources Inc. BEN inched 0.47% higher to $29.76 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA rising 0.16% to 33,730.89 and the S&P 500 Index SPX falling 0.41% to 4,124.66. Franklin Resources Inc. closed $1.56 short of its 52-week high ($31.32), which the company achieved on April 13th.

The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as BlackRock Inc. BLK fell 0.18% to $801.07, IGM Financial Inc. IGIFF fell 0.80% to $31.52, and Affiliated Managers Group Inc. AMG rose 1.24% to $156.78. Trading volume (3.1 M) remained 353,255 below its 50-day average volume of 3.5 M.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

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