Manning & Napier Inc. Class A (MN) Soars 2.64% on May 22

Equities Staff  |

Manning & Napier Inc. Class A (MN) had a good day on the market for Friday May 22 as shares jumped 2.64% to close at $2.72. About 48,415 shares traded hands on 373 trades for the day, compared with an average daily volume of n/a shares out of a total float of 16.28 million. After opening the trading day at $2.65, shares of Manning & Napier Inc. Class A stayed within a range of $2.72 to $2.63.

With today's gains, Manning & Napier Inc. Class A now has a market cap of $44.27 million. Shares of Manning & Napier Inc. Class A have been trading within a range of $3.95 and $1.00 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Manning & Napier Inc is an independent investment management firm. It provides investment management services through separately managed accounts, mutual funds, and collective investment trust funds, as well as a variety of consultative services. It also offers equity, fixed income, and alternative strategies, as well as a range of blended asset portfolios, such as life cycle funds. The company offers its investment management capabilities primarily through direct sales to high net worth individuals and institutions, as well as through third-party intermediaries, platforms, and institutional investment consultants. The majority of the revenue is generated from the Management fees received.

Manning & Napier Inc. Class A is based out of Fairport, NY and has some 307 employees. Its CEO is Marc O. Mayer.

For a complete fundamental analysis of Manning & Napier Inc. Class A, check out Equities.com’s Stock Valuation Analysis report for MN.

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Manning & Napier Inc. Class A is also a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

To get more information on Manning & Napier Inc. Class A and to follow the company’s latest updates, you can visit the company’s profile page here: MN’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



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