Updated
Updated · MarketWatch · Apr 30
Franklin Resources stock rises but underperforms competitors
Updated
Updated · MarketWatch · Apr 30

Franklin Resources stock rises but underperforms competitors

10 articles · Updated · MarketWatch · Apr 30
  • Shares gained 1.77% to $29.97 on Thursday, while the S&P 500 rose 1.02% and the Dow Jones Industrial Average climbed 1.62%.
  • The stock finished 1.02% below its 52-week high of $30.28, reached on 29 April.
  • Peers posted stronger gains, with BlackRock up 2.52%, Goldman Sachs 2.01% and Bank of New York Mellon 1.59%, despite a broadly strong market session.
Beating earnings but trailing rivals, is Franklin Resources a hidden bargain or a value trap?
With an AI disruption score of 8/10, is Franklin's current strategy enough to survive the tech revolution?