| 2024-04-25 | -1.03 % |
- The article discusses the increase in stock price target for Day One Biopharmaceuticals by JPMorgan Chase & Co., with various analysts providing ratings and price targets for the stock, resulting in a consensus rating of Moderate Buy and a price target of $39.33; the decline in Franklin Resources (BEN) stock could be attributed to various factors such as general market conditions, company-specific news, or changes in investor sentiment.
- Summary: Franklin Resources (BEN) stock received a "Reduce" recommendation from research firms with two analysts rating it as a sell and five as hold, with an average target price of $27.50, while the stock decreased by 1.03% last night. The stock went down likely due to recent analyst ratings and concerns about market performance following new price targets and ratings from various firms.
Reason for stock decline: The decrease in Franklin Resources' stock price could be attributed to the recent "Reduce" recommendation from research firms, with two analysts giving it a sell rating, indicating potential concerns about the company's performance and future outlook.
- "Franklin Resources (BEN) stock was down by -1.03% last night, with Franklin Templeton introducing the Franklin OnChain U.S. Government Money Fund that allows for share transfers on the public blockchain, but the stock went down due to potential risks associated with blockchain technology, changes in interest rates, and credit ratings."
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| 2024-04-24 | +0.08 % |
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| 2024-04-23 | -0.98 % |
- The article discusses the stock performance and ratings of Dollar Tree, Inc. (NASDAQ: DLTR), which has received a "Moderate Buy" consensus rating from research firms, with a range of hold and buy recommendations, following the company's recent earnings report that missed estimates, resulting in a decrease in stock price; and in this context, it is revealed that Franklin Resources Inc. is one of the institutional investors holding shares in Dollar Tree, suggesting that its stock value might have gone down due to the overall performance and market perception of Dollar Tree.
- The article discusses Mutual of America Capital Management LLC reducing its holdings in Franklin Resources, Inc. (BEN) by 5.2% in the fourth quarter, causing some decline in the stock's value as well as various hedge funds altering their stakes in the company, attributing to a -0.98% downward movement in the stock last night.
- The article discusses the downgrading of TriCo Bancshares stock from hold to sell, along with various price target adjustments by different research analysts, which could have potentially led to a decrease in the Franklin Resources (BEN) stock price due to its holdings in TriCo Bancshares.
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| 2024-04-22 | +1.71 % |
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| 2024-04-19 | +0.52 % |
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| 2024-04-17 | +0.4 % |
- The article mentions that Franklin Resources (BEN) stock was up 0.4% last night, and the stock went up due to positive annual meeting results for the Western Asset High Income Opportunity Fund Inc., which is managed by Franklin Templeton Fund Adviser, LLC.
- The article announces the election of new directors at Western Asset Intermediate Muni Fund Inc. and the ratification of PricewaterhouseCoopers LLP as independent registered public accountants, all managed by Franklin Resources Inc., which led to a 0.4% increase in Franklin Resources (BEN) stock. The stock goes up due to positive developments within the company, such as successful appointments and ratifications.
- The article announces the election of new directors and ratification of accountants at LMP Capital and Income Fund Inc.'s annual meeting, but does not directly provide reasons for the 0.4% increase in Franklin Resources (BEN) stock; however, potential factors for the stock increase could be positive market sentiment, strong financial performance, or other external market factors.
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| 2024-04-11 | -0.08 % |
- The article discusses the stock of Albemarle (ALB), which was upgraded by Bank of America, leading to a rise in price target; however, the stock of Franklin Resources (BEN) went down slightly by -0.08%, possibly due to various equities analysts giving mixed ratings to Albemarle and lowering price targets, impacting the chemical company's stock performance.
- The article covers various market movements and factors influencing the day's trading, but it reports that Franklin Resources Inc (BEN) stock was down by -0.08% last night. The reason for the decline in BEN stock is not explicitly mentioned in the article. However, stock prices can be influenced by a variety of factors such as market sentiment, company performance, economic indicators, news, or changes in the overall market conditions.
- The article discusses stock movements of TPG RE Finance Trust (TRTX) and its target price updates, with one analyst rating it as moderate buy and average target price of $7.70, leading to TRTX stock going up, while Franklin Resources (BEN) stock was down by -0.08%, potentially due to general market fluctuations or specific factors affecting BEN itself.
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| 2024-04-10 | -4.5 % |
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| 2024-04-09 | +1.03 % |
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| 2024-04-05 | -0.55 % |
- The Franklin Resources (BEN) stock went down by -0.55% last night, and the reason for this decline could be influenced by a managed distribution plan announced by Templeton Emerging Markets Income Fund to provide consistent monthly distributions to shareholders, which may not have assured success in narrowing the discount between market price and net asset value.
- The article mentions the financial data of ClearBridge Energy Midstream Opportunity Fund Inc., a company advised by Franklin Resources, Inc., and subadvised by ClearBridge Investments, LLC, with $566.3 million in net assets as of March 31, 2024; however, the reason for the decline in Franklin Resources (BEN) stock by -0.55% last night is not provided in the article.
- The article provides financial data for ClearBridge MLP and Midstream Total Return Fund Inc., a closed-end management investment company advised by Franklin Templeton Fund Adviser, LLC, which is a subsidiary of Franklin Resources, Inc.; the stock for Franklin Resources (BEN) went down by -0.55% last night, likely impacted by general market conditions or specific factors affecting the company.
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| 2024-04-04 | -1.09 % |
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| 2024-04-03 | +0.81 % |
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| 2024-04-01 | -1.74 % |
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| 2024-03-28 | +1.74 % |
- The article discusses the Western Asset Inflation-Linked Opportunities & Income Fund and its distribution details, with estimated sources of distribution provided. Franklin Resources' stock (BEN) rose by 1.74% last night, likely due to various factors impacting the market, such as economic indicators, investor sentiment, company performance, or news related to the stock.
- The article discusses Franklin Resources (BEN) stock, which was up by 1.74% last night, and the increase in stock price is possibly due to the company's managed distribution policy aimed at delivering long-term total return potential through regular monthly distributions from various sources like net investment income, realized capital gains, and return of capital to shareholders.
- The article discusses Franklin Resources, Inc. (NYSE:BEN) releasing its second quarter operating results and hosting a live teleconference to answer questions, with the stock being up 1.74% the previous night; the stock likely goes up due to positive performance expectations from the operating results and investor confidence in the company's global investment management services.
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| 2024-03-27 | +2.22 % |
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| 2024-03-26 | -1.03 % |
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| 2024-03-25 | -0.22 % |
- Summary: HBW Advisory Services LLC acquired a new position in Global X MLP & Energy Infrastructure ETF (MLPX) during the fourth quarter, with other large investors also recently making changes to their positions in the company.
Reason for Franklin Resources (BEN) stock going down: The article does not specify a direct reason for the Franklin Resources (BEN) stock going down by -0.22%, as it primarily focuses on the acquisition of shares in the Global X MLP & Energy Infrastructure ETF.
- The article discusses the distributions declared by The Trustees of The Putnam Funds, with specific details about Putnam Master Intermediate Income Trust, Putnam Managed Municipal Income Trust, Putnam Municipal Opportunities Trust, and Putnam Premier Income Trust, all of which are offering varying per share amounts on different dates. Additionally, it mentions that Putnam Investment Management, LLC, the manager, is a subsidiary of Franklin Resources, Inc., and provides information on fund-related data availability. As for why the Franklin Resources (BEN) stock went down by -0.22% last night, it could be due to various factors such as overall market conditions, company-specific news, or investor sentiment.
- The article discusses Thompson Investment Management Inc.'s actions on Mueller Water Products, Inc. stock and mentions a decrease in Franklin Resources Inc.'s stake in Mueller Water Products, which could potentially influence the market and lead to the -0.22% decrease in Franklin Resources (BEN) stock. The decrease in BEN stock could be attributed to various factors such as company performance, market conditions, or investor sentiment towards the stock.
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| 2024-03-22 | -1.72 % |
- The article discusses Chesley Taft & Associates LLC lowering their position in Rio Tinto Group, which may have caused a ripple effect leading to a -1.72% decrease in Franklin Resources Inc. (BEN) stock last night, as institutional investors and hedge funds have been adjusting their positions in Rio Tinto Group, impacting its stock.
- Summary: Institutional investors, including Franklin Resources Inc., acquired new positions in Nomura Holdings, Inc. with shares valued at different amounts; however, Franklin Resources (BEN) stock went down by -1.72% likely due to factors not directly related to Nomura Holdings' performance.
Reason for Franklin Resources (BEN) Stock Going Down: The decrease in Franklin Resources (BEN) stock's value was likely influenced by factors other than the investment in Nomura Holdings, Inc., such as market conditions, overall economic trends, company-specific news, or investor sentiment.
- The article discusses institutional investors purchasing stakes in Gartner, Inc. (NYSE:IT) and recent analyst reports on the company, leading to an increase in stock price. Franklin Resources Inc. raised its stake in Gartner, which is a potential reason for the rise in price. However, Franklin Resources Inc. is not directly related to Franklin Resources (BEN) stock, which experienced a -1.72% decrease, possibly due to reasons unrelated to its stake in Gartner.
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| 2024-03-21 | +1.83 % |
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| 2024-03-20 | +1.07 % |
- The article discusses the financial position of the BrandywineGLOBAL - Global Income Opportunities Fund Inc. advised by Franklin Templeton Fund Adviser, LLC, a subsidiary of Franklin Resources, Inc., with a stock symbol BEN, and although a detailed summary is not provided, last night the stock was up by 1.07%. The rise in Franklin Resources (BEN) stock could be attributed to positive market sentiment, financial performance, investor perception, or external factors impacting the stock market.
- The article discusses the financial statements of Brand Engagement Network Inc. (BEN), highlighting concerns about the company's ability to continue as a going concern due to accumulated deficits and operating losses. However, the stock of Franklin Resources (BEN) went up by 1.07% last night, potentially influenced by market factors, investor sentiment, or company-specific news.
- The article discusses Western Asset Global Corporate Defined Opportunity Fund Inc., which is a non-diversified, limited-term, closed-end management investment company advised by Franklin Templeton Fund Adviser, LLC and subadvised by Western Asset Management Company, LLC, both subsidiaries of Franklin Resources, Inc. The stock of Franklin Resources went up by 1.07%, but the article does not specifically explain the reason for the increase.
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| 2024-03-19 | +0.74 % |
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| 2024-03-15 | -0.52 % |
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| 2024-03-13 | -0.11 % |
- The article discusses the addition of Maris A. Ogg, CFA, and Jeffrey M. Bagley, CFA, CFP®, to Fiduciary Trust International, a subsidiary of Franklin Templeton, as managing director and senior portfolio manager, respectively, in its Radnor office, aiming to provide top-notch service and personalized wealth management solutions. The Franklin Resources (BEN) stock went down by -0.11% last night likely due to various external factors such as market conditions, economic indicators, or investor sentiment.
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| 2024-03-12 | -1.94 % |
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| 2024-03-11 | +1.25 % |
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| 2024-03-08 | +0.29 % |
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| 2024-03-07 | +0.43 % |
- The article provides financial data on ClearBridge MLP and Midstream Total Return Fund Inc., a non-diversified, closed-end management investment company advised by Franklin Templeton Fund Adviser, LLC, a subsidiary of Franklin Resources, Inc., indicating an unaudited net asset value per share of $41.80 as of February 29, 2024. The increase in Franklin Resources (BEN) stock could be related to positive market performance or investor sentiment.
- Franklin Resources (BEN) stock was up by 0.43% last night, likely due to the monthly distribution announcement from Franklin Universal Trust amounting to $0.0425 per share payable on March 28, 2024, with a primary objective of providing high current income and capital preservation, and a secondary objective of income growth through dividend increases and capital appreciation.
- The article discusses Franklin Resources (BEN) stock, which was up by 0.43% last night, and attributes the increase to the company's announcement of a monthly distribution plan to provide consistent distributions to shareholders in an attempt to narrow the discount between market price and net asset value of its common shares.
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| 2024-03-04 | +1.13 % |
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| 2024-03-01 | -0.11 % |
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| 2024-02-29 | +1.63 % |
- The article discusses that Franklin Resources (BEN) stock was up by 1.63% last night and provides insights into the trading activities and ratings of United States Steel Co. (X), noting the company's recent financial data and analyst ratings, along with insider trading activities and institutional investor holdings influencing the stock price. BEN stock may have gone up due to the positive earnings report of United States Steel, its recent dividend announcement, and an increase in holdings by Franklin Resources Inc.
- The article discusses the stock of Truist Financial Co. and various institutional investors' holdings in the company, with significant increases or decreases reported, ultimately leading to a 1.63% increase in Franklin Resources Inc. (BEN) stock. The rise in Franklin Resources (BEN) stock is attributed to the increased holdings in Truist Financial by institutional investors, such as Franklin Resources Inc., which acquired an additional 2,781,842 shares during the period, leading to a positive market outlook.
- The article discusses Franklin Resources Inc. (BEN) stock, which was up by 1.63% last night, with institutional investors like Franklin Resources Inc. contributing to its rise due to increased holdings in Brixmor Property Group Inc. (BRX), a real estate investment trust, reflecting positive investor sentiment.
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| 2024-02-28 | -0.3 % |
- The article discusses Cary Street Partners Investment Advisory LLC increasing their stake in shares of The Hanover Insurance Group, Inc., leading to other institutional investors like Franklin Resources Inc. also acquiring more shares, causing a positive impact on the company but with no direct link to Franklin Resources (BEN) stock going down.
- The article discusses Franklin Limited Duration Income Trust's sources of distributions and the fund's estimated allocations for February's distribution and fiscal year-to-date. It mentions that the fund has experienced a cumulative loss and may have distributed more than its income and net realized capital gains, leading to a portion of the distribution to shareholders possibly being a return of capital. The decline in Franklin Resources (BEN) stock by -0.3% may be due to the fund's distribution strategy affecting investor sentiment, as shareholders could interpret the return of capital component negatively.
- The article discusses how various institutional investors like Meiji Yasuda Asset Management, Vanguard Group, Alliancebernstein, State Street Corp, Wellington Management Group, and Franklin Resources had altered their holdings in Paycom Software, resulting in Franklin Resources boosting its holdings by 5.3% in the 2nd quarter. The reason for the decrease in Franklin Resources' stock (BEN) could be attributed to the company's adjustments in its investment portfolio.
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| 2024-02-27 | +1.35 % |
- The article discusses Applied Therapeutics, Inc. stock, analyzed by Leerink Partnrs with earnings estimates for FY2023 and beyond, and institutional investor activity, such as Franklin Resources Inc. increasing its position. Franklin Resources (BEN) stock went up because of positive developments related to Applied Therapeutics, boosting investor confidence.
- The article discusses Franklin Resources (BEN) stock, which was up 1.35% last night, and talks about institutional investors making changes to their positions in CNO Financial Group, Inc. The rise in Franklin Resources (BEN) stock could be attributed to increased buying activity from institutional investors like Franklin Resources Inc. and positive ratings from research firms like Royal Bank of Canada, resulting in a consensus price target of $25.60.
- The article discusses Barclays PLC announcing a higher semi-annual dividend and its impact on the stock. Franklin Resources Inc. experienced a 1.35% increase possibly due to the positive news of higher dividends announced by Barclays PLC, in which Franklin Resources Inc. holds a stake.
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| 2024-02-26 | -1.04 % |
- The article discusses Borr Drilling (BORR) stock and its recent target price decrease by Evercore ISI, with a lowered target price of $9.00, which resulted in a -1.04% decrease in Franklin Resources (BEN) stock due to this update regarding Borr Drilling. The decline in the stock can be attributed to the adjustment in the target price by Evercore ISI, indicating changes in market expectations for Borr Drilling's performance.
- Summary: Ultrapar Participações (UGP) will be releasing its quarterly earnings data, while Franklin Resources Inc. acquired a stake in UGP in the fourth quarter; UGP stock experienced some analyst rating changes and price target adjustments recently.
Franklin Resources (BEN) stock might have gone down due to the overall market conditions, the performance of Ultrapar Participações impacting investor sentiment, or the market's reaction to analyst reports about UGP.
- The article discusses Parkside Financial Bank & Trust increasing its stake in the Vanguard Information Technology ETF, resulting in various other investors also increasing their positions, including Franklin Resources Inc., leading to a decline in Franklin Resources (BEN) stock, which was down by 1.04% last night, likely due to investors reallocating their investments towards the Vanguard Information Technology ETF.
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| 2024-02-23 | -0.41 % |
- The article discusses an increase in holdings of Check Point Software Technologies Ltd. by various institutional investors, including Franklin Resources Inc., which is considered a positive while Franklin Resources' (BEN) stock went down last night due to factors specific to Franklin Resources, market conditions, investor sentiment, or company performance.
- The article discusses Franklin Resources (BEN) stock being down by -0.41% last night, and the reason for this decline is not directly addressed in the article, although it could potentially be affected by other market factors or developments.
- Summary: CenterBook Partners LP acquired a new position in IDEXX Laboratories, Inc., various other hedge funds and institutional investors have also increased their holdings in the company, and analysts have given the stock positive ratings, indicating a promising outlook.
Reason for Franklin Resources (BEN) Stock Going Down: The article does not directly mention the reasons for the decline in Franklin Resources (BEN) stock.
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| 2024-02-20 | -0.62 % |
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| 2024-02-16 | -0.37 % |
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| 2024-02-15 | +2.24 % |
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| 2024-02-14 | +1.75 % |
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| 2024-02-12 | +3.73 % |
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| 2024-02-08 | +0.41 % |
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| 2024-02-07 | +0.34 % |
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| 2024-02-06 | +1.14 % |
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| 2024-02-05 | -2.16 % |
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| 2024-02-02 | -0.52 % |
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| 2024-02-01 | +1.58 % |
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| 2024-01-31 | -1.84 % |
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| 2024-01-30 | -1.38 % |
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| 2024-01-29 | -0.29 % |
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| 2024-01-26 | +0.4 % |
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| 2024-01-25 | +2.23 % |
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| 2024-01-22 | +1.43 % |
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| 2024-01-19 | +1.71 % |
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| 2024-01-17 | -1.69 % |
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| 2024-01-12 | -1.39 % |
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| 2024-01-10 | -0.14 % |
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| 2024-01-09 | -0.72 % |
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| 2024-01-08 | +1.56 % |
- Franklin Resources (BEN) stock went up by 1.56% after Templeton Emerging Markets Income Fund announced a monthly distribution from net investment income.
- Franklin Resources (BEN) stock went up 1.56% last night following the announcement of unaudited financial data from ClearBridge Energy Midstream Opportunity Fund Inc., which is advised by Franklin Templeton Fund Adviser, LLC and subadvised by ClearBridge Investments, LLC.
- The article discusses the unaudited statement of assets and liabilities, net asset value, and asset coverage ratio of ClearBridge MLP and Midstream Total Return Fund Inc., which is advised by Franklin Templeton Fund Adviser, LLC and subadvised by ClearBridge Investments, LLC. The stock of Franklin Resources, the parent company, went up by 1.56% last night, but the article does not provide a specific reason for this increase.
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| 2024-01-05 | +1.44 % |
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| 2024-01-04 | +0.71 % |
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| 2024-01-03 | -3.48 % |
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| 2024-01-02 | -1.68 % |
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| 2023-12-29 | -0.9 % |
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| 2023-12-28 | -0.4 % |
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| 2023-12-26 | +1.28 % |
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| 2023-12-18 | -0.58 % |
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| 2023-12-15 | +0.07 % |
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| 2023-12-13 | +4.11 % |
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| 2023-12-12 | +4.12 % |
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| 2023-12-11 | -0.31 % |
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| 2023-12-07 | +0.82 % |
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| 2023-12-06 | +0.67 % |
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| 2023-12-05 | -1.44 % |
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| 2023-11-28 | +1.1 % |
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| 2023-11-21 | -2.15 % |
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| 2023-11-20 | -0.29 % |
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| 2023-11-09 | -2.5 % |
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| 2023-11-07 | -1.17 % |
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| 2023-11-06 | -1.73 % |
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| 2023-11-03 | +3.06 % |
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| 2023-10-31 | +1.24 % |
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| 2023-10-30 | +0.27 % |
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| 2023-10-27 | -1.32 % |
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| 2023-10-26 | +2.2 % |
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