Shares of Raymond James Financial Inc.
rallied 1.84% to $134.96 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
rising 0.07% to 4,167.59 and the Dow Jones Industrial Average
rising 0.29% to 34,230.34. This was the stock’s third consecutive day of gains. Raymond James Financial Inc. hit a new 52-week high, surpassing its previous peak of $133.20, which the company achieved on May 3rd.
The stock outperformed some of its competitors Wednesday, as Charles Schwab Corp.
rose 1.27% to $70.98. Trading volume (359,846) remained 368,532 below its 50-day average volume of 728,378.