Shares of T. Rowe Price Group Inc. TROW advanced 1.39% to $177.35 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 1.11% to 4,170.42 and the Dow Jones Industrial Average DJIA rising 0.90% to 34,035.99. The stock's rise snapped a two-day losing streak. T. Rowe Price Group Inc. closed $5.70 below 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 Thursday, as Ameriprise Financial Inc. AMP rose 0.24% to $247.52 and Franklin Resources Inc. BEN rose 1.78% to $30.29. Trading volume (828,485) remained 328,024 below its 50-day average volume of 1.2 M.