Morgan Stanley Stock Outperforms Competitors On Strong Trading Day
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Shares of Morgan Stanley (MS) rallied 1.73% to $85.64 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.89% to 3,951.57 and the Dow Jones Industrial Average rising 1.20% to 32,244.58. Morgan Stanley closed $15.35 short of its 52-week high ($100.99), which the company reached on February 14th.
The stock outperformed some of its competitors Monday, as JPMorgan Chase & Co. (JPM) rose 1.06% to $127.14, Wells Fargo & Co. (WFC) fell 0.74% to $37.48, and Charles Schwab Corp. (SCHW) fell 0.53% to $56.11. Trading volume (8.6 M) eclipsed its 50-day average volume of 8.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 20, 2023.
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March 20, 2023 17:11 ET (21:11 GMT)
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