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Shares of MSCI Inc. (MSCI) slumped 0.58% to $465.77 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.70% to 4,090.75 and Dow Jones Industrial Average falling 0.80% to 33,414.24.
This was the stock's second consecutive day of losses.
MSCI Inc. closed $106.73 below its 52-week high ($572.50), which the company achieved on February 2nd.
Despite its losses, the stock outperformed some of its competitors Wednesday, as JPMorgan Chase & Co. (JPM) fell 2.12% to $135.98, Charles Schwab Corp. (SCHW) fell 4.13% to $48.03, and BlackRock Inc. (BLK) fell 1.39% to $642.41.
Trading volume (492,717) remained 6,299 below its 50-day average volume of 499,016.
Data source: Dow Jones Market Data, FactSet. Data compiled May 3, 2023.
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May 03, 2023 17:12 ET (21:12 GMT)
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