Shares of Raymond James Financial Inc.
rallied 1.99% to $140.16 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
rising 0.22% to 4,496.19 and the Dow Jones Industrial Average
rising 0.11% to 35,405.50. This was the stock’s fourth consecutive day of gains. Raymond James Financial Inc. closed $0.21 below its 52-week high ($140.37), which the company reached on August 12th.
The stock outperformed some of its competitors Wednesday, as Charles Schwab Corp.
rose 0.58% to $74.58. Trading volume (395,661) remained 159,436 below its 50-day average volume of 555,097.