MSCI Inc. Stock Falls Tuesday, Underperforms Market
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Shares of MSCI Inc. (MSCI) slid 0.69% to $522.15 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.30% to 3,970.15 and Dow Jones Industrial Average falling 0.71% to 32,656.70. MSCI Inc. closed $50.35 short of 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) rose 0.84% to $143.35, Charles Schwab Corp. (SCHW) rose 0.05% to $77.92, and BlackRock Inc. (BLK) rose 0.93% to $689.43. Trading volume (335,756) remained 107,413 below its 50-day average volume of 443,169.
Data source: Dow Jones Market Data, FactSet. Data compiled February 28, 2023.
(END) Dow Jones Newswires
February 28, 2023 17:14 ET (22:14 GMT)
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