Shares of T. Rowe Price Group Inc.
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
rising 0.20% to 4,367.48 and the Dow Jones Industrial Average
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.
fell 1.69% to $246.88 and Franklin Resources Inc.
fell 1.60% to $29.44. Trading volume (733,503) remained 277,856 below its 50-day average volume of 1.0 M.