Updated
Updated · MarketWatch · May 8
Ameriprise Financial stock rises but underperforms competitors
Updated
Updated · MarketWatch · May 8

Ameriprise Financial stock rises but underperforms competitors

9 articles · Updated · MarketWatch · May 8
  • Shares gained 1.46% to $465.56 on Friday as the S&P 500 rose 0.84% and the Dow Jones Industrial Average added 0.02%.
  • Ameriprise lagged Morgan Stanley, up 1.54%, while Bank of New York Mellon slipped 0.15% and First Republic Bank rose 15.00%.
  • The stock remains 15.38% below its 52-week high of $550.18 reached on 4 February, and trading volume of 589,469 was below its 50-day average.
Why are Ameriprise insiders selling shares if the company is posting record profits and is deeply undervalued?
Is Ameriprise's 'human advice' model a durable advantage or a future liability in the new AI era?