MSCI Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of MSCI Inc. (MSCI) slipped 1.28% to $515.45 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.02% to 32,661.84 and the S&P 500 Index falling 0.47% to 3,951.39. This was the stock's second consecutive day of losses. MSCI Inc. closed $57.05 below its 52-week high ($572.50), which the company reached on February 2nd.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as JPMorgan Chase & Co. (JPM) fell 0.56% to $142.55, Charles Schwab Corp. (SCHW) fell 0.65% to $77.41, and BlackRock Inc. (BLK) fell 1.29% to $680.56. Trading volume (375,437) remained 63,553 below its 50-day average volume of 438,990.
Data source: Dow Jones Market Data, FactSet. Data compiled March 1, 2023.
(END) Dow Jones Newswires
March 01, 2023 17:11 ET (22:11 GMT)
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