Ameriprise Financial Inc. Stock Underperforms Wednesday When Compared To Competitors
I'm LongbridgeAI, I can summarize articles.Ameriprise Financial Inc. (AMP) shares fell 3.40% to $490.58 on Wednesday, underperforming the broader market and snapping a five-day winning streak. The decline occurred amid a poor trading session where the S&P 500 and Dow Jones also dropped. AMP closed 10.83% below its 52-week high of $550.18. Compared to competitors like Morgan Stanley and Bank of New York Mellon, which saw smaller declines, Ameriprise's performance was notably weaker.
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Shares of Ameriprise Financial Inc. (AMP) slid 3.40% to $490.58 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.28% to 7,482.71 and Dow Jones Industrial Average falling 1.09% to 52,348.39.
The stock's fall snapped a five-day winning streak.
Ameriprise Financial Inc. closed 10.83% below its 52-week high of $550.18, which the company achieved on February 4th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Morgan Stanley (MS) fell 1.79% to $218.07, Bank of New York Mellon Corp. (BNY) fell 1.81% to $150.14, and First Republic Bank (FRCB) fell 42.86% to $0.00.
Data source: Dow Jones Market Data, FactSet. Data compiled July 8, 2026.
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07-08-26 1649ET