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Author: Don Obrien

Ameriprise Financial Inc. stock rises Friday, outperforms market


Shares of Ameriprise Financial Inc.
AMP,
+2.37%

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
SPX,
+0.88%

rising 0.88% to 4,509.37 and the Dow Jones Industrial Average
DJIA,
+0.69%

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.
TROW,
+1.88%

rose 1.88% to $222.65, Principal Financial Group Inc.
PFG,
+2.19%

rose 2.19% to $68.12, and Raymond James Financial Inc.
RJF,
+2.44%

rose 2.44% to $142.99. Trading volume (578,451) eclipsed its 50-day average volume of 509,011.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.



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