MSCI Inc. Stock Falls Thursday, Underperforms Market
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Shares of MSCI Inc. (MSCI) slipped 0.04% to $546.96 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.30% to 3,948.72 and the Dow Jones Industrial Average rising 0.23% to 32,105.25. This was the stock's second consecutive day of losses. MSCI Inc. closed $25.54 short of 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 Thursday, as JPMorgan Chase & Co. (JPM) fell 0.27% to $126.84, Charles Schwab Corp. (SCHW) fell 5.99% to $52.89, and BlackRock Inc. (BLK) rose 0.53% to $651.78. Trading volume (457,514) eclipsed its 50-day average volume of 454,169.
Data source: Dow Jones Market Data, FactSet. Data compiled March 23, 2023.
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March 23, 2023 17:12 ET (21:12 GMT)
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