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April 8, 2021, 4:40 p.m. EDT

Franklin Resources Inc. stock underperforms Thursday when compared to competitors

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Shares of Franklin Resources Inc. BEN dropped 0.62% to $30.26 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 0.42% to 4,097.17 and the Dow Jones Industrial Average DJIA rising 0.17% to 33,503.57. Franklin Resources Inc. closed $0.47 short of its 52-week high ($30.73), which the company reached on April 5th.

The stock underperformed when compared to some of its competitors Thursday, as BlackRock Inc. BLK rose 1.60% to $800.60, IGM Financial Inc. IGIFF rose 1.32% to $31.51, and Affiliated Managers Group Inc. AMG rose 0.21% to $154.14. Trading volume (3.0 M) remained 701,610 below its 50-day average volume of 3.7 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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