Franklin Resources Inc. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains
Dow Jones2025.12.03 22:17
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Franklin Resources Inc. (BEN) shares rose 2.63% to $23.01 on Wednesday, despite underperforming compared to competitors like BlackRock Inc. and Goldman Sachs Group Inc. The stock ended an overall positive trading session for the market, with the S&P 500 and Dow Jones Industrial Average both rising. Franklin Resources remains 11.75% below its 52-week high. Trading volume was 1.2 million below its 50-day average.
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Shares of Franklin Resources Inc. (BEN) rose 2.63% to $23.01 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.30% to 6,849.72 and the Dow Jones Industrial Average rising 0.86% to 47,882.90.
The stock's rise snapped a two-day losing streak.
Franklin Resources Inc. closed 11.75% short of its 52-week high of $26.08, which the company reached on August 13th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as BlackRock Inc. (BLK) rose 3.97% to $1,079.87, Goldman Sachs Group Inc. (GS) rose 2.62% to $836.57, and Bank of New York Mellon Corp. (BK) rose 0.90% to $113.09.
Trading volume (3.4 M) remained 1.2 million below its 50-day average volume of 4.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 3, 2025.
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12-03-25 1717ET