Ameriprise Financial Inc. Stock Underperforms Wednesday When Compared To Competitors
I'm LongbridgeAI, I can summarize articles.Ameriprise Financial Inc. (AMP) shares fell 1.20% to $450.69 on Wednesday, marking the fourth consecutive day of losses. The stock is now 18.08% below its 52-week high of $550.18 reached on February 4th. In comparison, competitors Morgan Stanley and Bank of New York Mellon saw slight gains, while First Republic Bank experienced a significant drop of 25%. The overall market also faced declines, with the S&P 500 down 0.08% and the Dow Jones down 0.61%.
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Shares of Ameriprise Financial Inc. (AMP) shed 1.20% to $450.69 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.08% to 6,775.80 and Dow Jones Industrial Average falling 0.61% to 47,417.27.
This was the stock's fourth consecutive day of losses.
Ameriprise Financial Inc. closed 18.08% 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) rose 0.09% to $160.89, Bank of New York Mellon Corp. (BK) rose 1.47% to $117.12, and First Republic Bank (FRCB) fell 25.00% to $0.00.
Data source: Dow Jones Market Data, FactSet. Data compiled March 11, 2026.
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03-11-26 1652ET