Franklin Resources Inc. (BEN): Today's Featured Financial Services Laggard
Franklin Resources (BEN) pushed the Financial Services industry lower today making it today's featured Financial Services laggard. The industry as a whole closed the day down 0.3%. By the end of trading, Franklin Resources fell 69 cents (-0.6%) to $114.26 on light volume. Throughout the day, 318,277 shares of Franklin Resources exchanged hands as compared to its average daily volume of one million shares. The stock ranged in price between $113.71-$116.39 after having opened the day at $115.26 as compared to the previous trading day's close of $114.95. Other company's within the Financial Services industry that declined today were: Knight Capital Group (KCG), down 23.2%, Direct Markets Holdings (MKTS), down 15.8%, San Juan Basin Royalty (SJT), down 5.5%, and Chanticleer Holdings (HOTR), down 4.8%.
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