Published on 27 Jan 2023 on Market Watch
Shares of INVESCO Ltd. rose 2.61% to $18.47 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.10% to 4,060.43 and the Dow Jones Industrial Average rising 0.61% to 33,949.41. The stock's rise snapped a three-day losing streak. INVESCO Ltd. closed $5.84 below its 52-week high ($24.31), which the company achieved on February 10th.
The stock outperformed some of its competitors Thursday, as Morgan Stanley rose 0.90% to $96.50, BlackRock Inc. rose 1.02% to $758.90, and Goldman Sachs Group Inc. rose 1.53% to $354.97. Trading volume (9.2 M) eclipsed its 50-day average volume of 4.6 M.