Shares of Ameriprise Financial Inc. AMP, -1.84% slid 1.84% to $272.26 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX, -0.72% falling 0.72% to 3,873.33 and Dow Jones Industrial Average DJIA, -0.45% falling 0.45% to 30,822.42. This was the stock’s second consecutive day of losses. Ameriprise Financial Inc. closed $60.11 short of its 52-week high ($332.37), which the company reached on January 13th.
The stock underperformed when compared to some of its competitors Friday, as T. Rowe Price Group Inc. TROW, -1.74% fell 1.74% to $110.13, Principal Financial Group Inc. PFG, -0.59% fell 0.59% to $77.01, and Raymond James Financial Inc. RJF, -1.00% fell 1.00% to $106.85. Trading volume (981,599) eclipsed its 50-day average volume of 548,364.