Home Markets Ameriprise Financial Inc. stock falls Monday, underperforms market

Ameriprise Financial Inc. stock falls Monday, underperforms market

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Shares of Ameriprise Financial Inc.
AMP,
-0.30%

slid 0.30% to $289.01 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index
SPX,
+0.34%

rising 0.34% to 4,486.46 and the Dow Jones Industrial Average
DJIA,
-0.10%

falling 0.10% to 35,258.61. The stock’s fall snapped a two-day winning streak. Ameriprise Financial Inc. closed $3.29 short of its 52-week high ($292.30), which the company reached on October 15th.

The stock underperformed when compared to some of its competitors Monday, as T. Rowe Price Group Inc.
TROW,
+0.19%

rose 0.19% to $200.14, Principal Financial Group Inc.
PFG,
-0.06%

fell 0.06% to $68.61, and Raymond James Financial Inc.
RJF,
+0.16%

rose 0.16% to $100.37. Trading volume (343,195) remained 91,729 below its…

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