MSCI Inc. Stock Falls Tuesday, Underperforms Market
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Shares of MSCI Inc. (MSCI) slid 3.67% to $524.82 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 2.00% to 3,997.34 and Dow Jones Industrial Average falling 2.06% to 33,129.59. This was the stock's third consecutive day of losses. MSCI Inc. closed $47.68 below its 52-week high ($572.50), which the company achieved on February 2nd.
The stock underperformed when compared to some of its competitors Tuesday, as JPMorgan Chase & Co. (JPM) fell 1.83% to $139.63, Charles Schwab Corp. (SCHW) fell 0.52% to $79.90, and BlackRock Inc. (BLK) fell 2.85% to $695.75. Trading volume (572,548) eclipsed its 50-day average volume of 441,947.
Data source: Dow Jones Market Data, FactSet. Data compiled February 21, 2023.
(END) Dow Jones Newswires
February 21, 2023 17:11 ET (22:11 GMT)
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