MSCI Inc. Stock Falls Monday, Underperforms Market
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Shares of MSCI Inc. (MSCI) slumped 0.51% to $540.35 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.16% to 3,977.53 and the Dow Jones Industrial Average rising 0.60% to 32,432.08. This was the stock's fourth consecutive day of losses. MSCI Inc. closed $32.15 below its 52-week high ($572.50), which the company reached on February 2nd.
The stock underperformed when compared to some of its competitors Monday, as JPMorgan Chase & Co. (JPM) rose 2.87% to $128.49, Charles Schwab Corp. (SCHW) rose 3.00% to $54.86, and BlackRock Inc. (BLK) rose 0.53% to $648.32. Trading volume (413,215) remained 43,871 below its 50-day average volume of 457,086.
Data source: Dow Jones Market Data, FactSet. Data compiled March 27, 2023.
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March 27, 2023 17:11 ET (21:11 GMT)
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