FT Experiences Drop Below Crucial Moving Average Threshold

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In trading on Thursday, Franklin Universal Trust (FT) shares fell below their 200-day moving average of $7.96, reaching a low of $7.95 per share. Currently, the shares are down approximately 0.8% on the day.

The stock’s performance over the past year shows a 52-week low of $6.71 and a high of $8.35, positioning the latest trade at $7.95.

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