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Raymond James Financial Inc. stock rises Thursday, still underperforms market

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Terrence Horan

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Shares of Raymond James Financial Inc. RJF, +0.53% rallied 1.70% to $98.12 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, -0.06% rising 1.71% to 4,438.26 and the Dow Jones Industrial Average DJIA, -0.21% rising 1.56% to 34,912.56. Raymond James Financial Inc. closed $0.28 short of its 52-week high ($98.40), which the company reached on October 11th.

The stock underperformed when compared to some of its competitors Thursday, as Charles Schwab Corp. SCHW, -0.17% rose 2.41% to $78.11. Trading volume (506,332) remained 225,096 below its 50-day average volume of 731,428.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.