INVESCO stock underperforms rivals despite rise

8 articles · Updated · MarketWatch · May 6

Shares climbed 1.94% to $27.35 on Wednesday, a third straight gain, while the S&P 500 rose 1.46% and the Dow added 1.24%.
Morgan Stanley, BlackRock and Goldman Sachs all posted bigger gains, leaving INVESCO lagging peers despite the broader market rally.
The stock finished 7.63% below its 52-week high of $29.61 reached on 22 January, while trading volume of 5.0 million stayed below its 50-day average.

Despite a strong year, Invesco trails its rivals. Can its pivot to AI and private markets close the gap with industry giants?

Asset managers bet big on AI for efficiency. Will this lead to innovation or just a race to the bottom on fees and costs?