MSCI Inc. Stock Rises Thursday, Still Underperforms Market
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Shares of MSCI Inc. (MSCI) rallied 1.32% to $464.29 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.96% to 4,135.35 and the Dow Jones Industrial Average rising 1.57% to 33,826.16.
The stock's rise snapped a two-day losing streak.
MSCI Inc. closed $108.21 below its 52-week high ($572.50), which the company achieved on February 2nd.
The stock underperformed when compared to some of its competitors Thursday, as JPMorgan Chase & Co. (JPM) rose 1.35% to $137.05, Charles Schwab Corp. (SCHW) rose 2.23% to $51.73, and BlackRock Inc. (BLK) rose 1.85% to $662.68.
Trading volume (1.2 M) eclipsed its 50-day average volume of 452,782.
Data source: Dow Jones Market Data, FactSet. Data compiled April 27, 2023.
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April 27, 2023 17:13 ET (21:13 GMT)
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