Shares of T. Rowe Price Group Inc. TROW inched 0.27% higher to $177.82 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 0.36% to 4,185.47 and the Dow Jones Industrial Average DJIA rising 0.48% to 34,200.67. This was the stock's second consecutive day of gains. T. Rowe Price Group Inc. closed $5.23 short of its 52-week high ($183.05), which the company achieved on April 12th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Ameriprise Financial Inc. AMP rose 0.51% to $248.77 and Franklin Resources Inc. BEN fell 0.79% to $30.05. Trading volume (1.2 M) eclipsed its 50-day average volume of 1.1 M.