What Caused Franklin Resources Stock To Fall 13% In A Day

POLAND - 2023/12/06: In this photo illustration a Franklin Templeton logo is displayed on a ... [+] smartphone with stock market percentages on the background. (Photo Illustration by Omar Marques/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesFranklin Resources stock (NYSE: BEN) price dropped 12.6% on 21st August, as compared to a 0.42% gain in the S&P500 index. In sharp contrast, Franklin Resources’ peer State Street (NYSE: STT) posted a near-zero gain on 21st August. The ...