T. Rowe Price's October AUM Balance Declines 1.5% Sequentially
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T. Rowe Price reported a 1.5% increase in assets under management (AUM) for October 2024, reaching $1.61 trillion.
November 13, 2024 | 7:00 pm
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T. Rowe Price's assets under management (AUM) increased by 1.5% in October 2024, reaching $1.61 trillion, indicating positive growth.
The increase in AUM suggests that T. Rowe Price is experiencing growth in its managed assets, which is a positive indicator for the company's financial health and potential revenue growth. This could lead to a positive short-term impact on the stock price.
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