Morgan Stanley Stock Outperforms Market On Strong Trading Day
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Shares of Morgan Stanley (MS) inched 0.37% higher to $96.86 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.25% to 4,070.56 and the Dow Jones Industrial Average rising 0.08% to 33,978.08. This was the stock's third consecutive day of gains. Morgan Stanley closed $12.87 short of its 52-week high ($109.73), which the company reached on February 10th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as JPMorgan Chase & Co. (JPM) rose 0.24% to $140.32, Wells Fargo & Co. (WFC) rose 0.68% to $46.12, and Charles Schwab Corp. (SCHW) fell 4.30% to $74.69. Trading volume (8.0 M) eclipsed its 50-day average volume of 7.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 27, 2023.
(END) Dow Jones Newswires
January 27, 2023 17:11 ET (22:11 GMT)
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