Shares of T. Rowe Price Group Inc. TROW shed 1.14% to $174.92 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. This was the stock's second consecutive day of losses. T. Rowe Price Group Inc. closed $8.13 below its 52-week high ($183.05), which the company achieved on April 12th.
The stock underperformed when compared to some of its competitors Wednesday, as Ameriprise Financial Inc. AMP rose 1.50% to $246.93 and Franklin Resources Inc. BEN rose 0.47% to $29.76. Trading volume (1.2 M) eclipsed its 50-day average volume of 1.2 M.