Ameriprise Financial Inc. Stock Underperforms Friday When Compared To Competitors
I'm LongbridgeAI, I can summarize articles.Ameriprise Financial Inc. (AMP) shares fell 1.69% to $464.89 on Friday, underperforming compared to competitors amid a declining stock market. The S&P 500 Index dropped 1.33%, and the Dow Jones fell 0.95%. Ameriprise's stock is now 15.50% below its 52-week high of $550.18. In contrast, Morgan Stanley and Bank of New York Mellon also saw declines, while First Republic Bank experienced a significant rise of 40%. Trading volume was below the 50-day average.
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Shares of Ameriprise Financial Inc. (AMP) slid 1.69% to $464.89 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.33% to 6,740.02 and Dow Jones Industrial Average falling 0.95% to 47,501.55.
The stock's fall snapped a two-day winning streak.
Ameriprise Financial Inc. closed 15.50% below its 52-week high of $550.18, which the company achieved on February 4th.
The stock underperformed when compared to some of its competitors Friday, as Morgan Stanley (MS) fell 1.40% to $160.27, Bank of New York Mellon Corp. (BK) fell 1.27% to $115.23, and First Republic Bank (FRCB) rose 40.00% to $0.00.
Trading volume (578,509) remained 62,732 below its 50-day average volume of 641,241.
Data source: Dow Jones Market Data, FactSet. Data compiled March 6, 2026.
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03-06-26 1652ET