MSCI Inc. Stock Underperforms Tuesday When Compared To Competitors
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Shares of MSCI Inc. (MSCI) slid 3.01% to $468.49 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.16% to 4,119.58 and Dow Jones Industrial Average falling 1.08% to 33,684.53.
The stock's fall snapped a three-day winning streak.
MSCI Inc. closed $104.01 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 Tuesday, as JPMorgan Chase & Co. (JPM) fell 1.61% to $138.92, Charles Schwab Corp. (SCHW) fell 3.30% to $50.10, and BlackRock Inc. (BLK) fell 1.74% to $651.46.
Trading volume (659,142) eclipsed its 50-day average volume of 494,607.
Data source: Dow Jones Market Data, FactSet. Data compiled May 2, 2023.
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May 02, 2023 17:12 ET (21:12 GMT)
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