Morgan Stanley Stock Outperforms Competitors On Strong Trading Day
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Shares of Morgan Stanley (MS) rose 1.23% to $90.53 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.34% to 3,983.17 and the Dow Jones Industrial Average rising 0.64% to 34,189.97. This was the stock's fifth consecutive day of gains. Morgan Stanley closed $19.20 below its 52-week high ($109.73), which the company achieved on February 10th.
The stock outperformed some of its competitors Thursday, as JPMorgan Chase & Co. (JPM) fell 0.10% to $139.49, Wells Fargo & Co. (WFC) rose 0.21% to $42.83, and Charles Schwab Corp. (SCHW) rose 0.07% to $83.48. Trading volume (7.9 M) eclipsed its 50-day average volume of 6.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 12, 2023.
(END) Dow Jones Newswires
January 12, 2023 17:11 ET (22:11 GMT)
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