Today, Franklin Resources, Inc. Inc’s (NYSE: BEN) stock fell $0.41, accounting for a 1.24% decrease. Franklin opened at $33.13 before trading between $33.19 and $32.70 throughout Friday’s session. The activity saw Franklin’s market cap fall to $16,478,531,610 on 1,157,965 shares -below their 30-day average of 3,386,950.
About Franklin Resources, Inc.
Franklin Resources, Inc. is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 165 countries. Franklin Templeton’s mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the company brings extensive capabilities in equity, fixed income, multi-asset solutions and alternatives. With offices in more than 30 countries and approximately 1,300 investment professionals, the California-based company has over 70 years of investment experience. The company posts information that may be significant for investors in the Investor Relations and News Center sections of its website, and encourages investors to consult those sections regularly.