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T. Rowe Price Group Inc. stock falls Thursday, underperforms market

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Terrence Horan

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Shares of T. Rowe Price Group Inc. TROW, +0.54% sank 0.96% to $205.37 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX, +0.42% rising 0.20% to 4,367.48 and the Dow Jones Industrial Average DJIA, +0.44% rising 0.07% to 34,823.35. The stock's fall snapped a two-day winning streak. T. Rowe Price Group Inc. closed $7.04 short of its 52-week high ($212.41), which the company reached on July 12th.

Despite its losses, the stock outperformed some of its competitors Thursday, as Ameriprise Financial Inc. AMP, +2.84% fell 1.69% to $246.88 and Franklin Resources Inc. BEN, +2.05% fell 1.60% to $29.44. Trading volume (733,503) remained 277,856 below its 50-day average volume of 1.0 M.

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.

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