MSCI Inc. Stock Falls Friday, Underperforms Market
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Shares of MSCI Inc. (MSCI) dropped 0.71% to $543.10 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.56% to 3,970.99 and the Dow Jones Industrial Average rising 0.41% to 32,237.53. This was the stock's third consecutive day of losses. MSCI Inc. closed $29.40 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) fell 1.52% to $124.91, Charles Schwab Corp. (SCHW) rose 0.70% to $53.26, and BlackRock Inc. (BLK) fell 1.06% to $644.88. Trading volume (323,327) remained 134,576 below its 50-day average volume of 457,903.
Data source: Dow Jones Market Data, FactSet. Data compiled March 24, 2023.
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March 24, 2023 17:10 ET (21:10 GMT)
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