Franklin Resources Inc. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains
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Franklin Resources Inc. (BEN) shares rose 1.33% to $31.20 on Wednesday, underperforming compared to competitors like BlackRock Inc. and Goldman Sachs, which saw gains of 1.47% and 5.75%, respectively. Despite the overall positive market with the S&P 500 up 1.08%, Franklin's stock remains 3.82% below its 52-week high of $32.44 reached on May 14th.
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