Raymond James Financial Inc. Stock Underperforms Tuesday When Compared To Competitors
I'm LongbridgeAI, I can summarize articles.Raymond James Financial Inc. (RJF) stock underperformed on Tuesday, slipping 2.62% to $173.50, marking its second consecutive day of losses. The decline exceeded that of competitors like Bank of New York Mellon and T. Rowe Price. RJF closed 5.05% below its 52-week high, with trading volume surpassing its 50-day average amid a broader market downturn.
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Shares of Raymond James Financial Inc. (RJF) slipped 2.62% to $173.50 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.71% to 7,631.47 and Dow Jones Industrial Average falling 0.79% to 52,766.88.
This was the stock's second consecutive day of losses.
Raymond James Financial Inc. closed 5.05% below its 52-week high of $182.73, which the company reached on August 6th.
The stock underperformed when compared to some of its competitors Tuesday, as Bank of New York Mellon Corp. (BNY) fell 0.48% to $160.51, T. Rowe Price Group Inc. (TROW) fell 2.07% to $108.98, and Ameriprise Financial Inc. (AMP) fell 1.89% to $542.64.
Trading volume (1.4 M) eclipsed its 50-day average volume of 1.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 1, 2026.
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09-01-26 1654ET