Home Markets Raymond James Financial Inc. stock falls Thursday, underperforms market

Raymond James Financial Inc. stock falls Thursday, underperforms market

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Shares of Raymond James Financial Inc.
RJF,
-0.28%

dropped 0.28% to $128.86 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
SPX,
+0.47%

rising 0.47% to 4,239.18 and the Dow Jones Industrial Average
DJIA,
+0.06%

rising 0.06% to 34,466.24. This was the stock’s second consecutive day of losses. Raymond James Financial Inc. closed $9.70 short of its 52-week high ($138.56), which the company achieved on May 10th.

Despite its losses, the stock outperformed some of its competitors Thursday, as Charles Schwab Corp.
SCHW,
-0.32%

fell 0.32% to $72.62. Trading volume (426,333) remained 178,465 below its 50-day average volume of 604,798.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and…

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