Shares of Raymond James Financial Inc.
slid 0.85% to $128.42 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
falling 0.46% to 4,402.66 and Dow Jones Industrial Average
falling 0.92% to 34,792.67. This was the stock’s second consecutive day of losses. Raymond James Financial Inc. closed $10.14 short of its 52-week high ($138.56), which the company achieved on May 10th.
The stock underperformed when compared to some of its competitors Wednesday, as Charles Schwab Corp.
rose 0.39% to $67.67. Trading volume (398,368) remained 226,293 below its 50-day average volume of 624,661.
View more information: https://www.marketwatch.com/story/raymond-james-financial-inc-stock-underperforms-wednesday-when-compared-to-competitors-01628111959-5159a0faaa9b