Published on 30 Jan 2023 on Market Watch
INVESCO Ltd. stock falls Monday, still outperforms market
Shares of INVESCO Ltd. slipped 1.20% to $18.08 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.30% to 4,017.77 and Dow Jones Industrial Average falling 0.77% to 33,717.09. This was the stock's second consecutive day of losses. INVESCO Ltd. closed $6.23 short of its 52-week high ($24.31), which the company achieved on February 10th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Morgan Stanley fell 0.13% to $95.96, BlackRock Inc. fell 1.49% to $747.86, and Goldman Sachs Group Inc. rose 1.06% to $357.46. Trading volume (7.1 M) eclipsed its 50-day average volume of 4.5 M.