Shares of Ameriprise Financial Inc.
rallied 2.37% to $276.42 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
rising 0.88% to 4,509.37 and the Dow Jones Industrial Average
rising 0.69% to 35,455.80. Ameriprise Financial Inc. hit a new 52-week high, surpassing its previous peak of $274.22, which the company reached on August 25th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as T. Rowe Price Group Inc.
rose 1.88% to $222.65, Principal Financial Group Inc.
rose 2.19% to $68.12, and Raymond James Financial Inc.
rose 2.44% to $142.99. Trading volume (578,451) eclipsed its 50-day average volume of 509,011.