Morgan Stanley Stock Outperforms Market Despite Losses On The Day
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Morgan Stanley (MS) sank 0.52% to $96.58 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.56% to 3,928.86 and Dow Jones Industrial Average falling 1.81% to 33,296.96. The stock's fall snapped a seven-day winning streak. Morgan Stanley closed $13.15 short of its 52-week high ($109.73), which the company reached on February 10th.
Despite its losses, the stock outperformed some of its competitors Wednesday, as JPMorgan Chase & Co. (JPM) fell 3.00% to $136.57, Wells Fargo & Co. (WFC) fell 1.68% to $43.38, and Charles Schwab Corp. (SCHW) fell 2.53% to $81.38.true Trading volume (14.1 M) eclipsed its 50-day average volume of 6.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 18, 2023.
(END) Dow Jones Newswires
January 18, 2023 17:11 ET (22:11 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.