Shares of T. Rowe Price Group Inc. TROW slumped 0.29% to $176.43 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. The stock's fall snapped a four-day winning streak. T. Rowe Price Group Inc. closed $3.19 short of its 52-week high ($179.62), which the company achieved on March 9th.
Despite its losses, the stock outperformed some of its competitors Thursday, as Ameriprise Financial Inc. AMP fell 0.43% to $237.06 and Franklin Resources Inc. BEN fell 0.62% to $30.26. Trading volume (598,391) remained 588,754 below its 50-day average volume of 1.2 M.