MSCI Inc. Stock Falls Friday, Underperforms Market
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Shares of MSCI Inc. (MSCI) slipped 2.39% to $522.27 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.45% to 3,861.59 and Dow Jones Industrial Average falling 1.07% to 31,909.64. This was the stock's second consecutive day of losses. MSCI Inc. closed $50.23 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 Friday, as JPMorgan Chase & Co. (JPM) rose 2.54% to $133.65, Charles Schwab Corp. (SCHW) fell 11.69% to $58.70, and BlackRock Inc. (BLK) fell 2.50% to $635.03. Trading volume (595,352) eclipsed its 50-day average volume of 409,999.
Data source: Dow Jones Market Data, FactSet. Data compiled March 10, 2023.
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March 10, 2023 17:11 ET (22:11 GMT)
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