MSCI Inc. Stock Outperforms Market On Strong Trading Day
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Shares of MSCI Inc. (MSCI) advanced 2.62% to $473.65 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.85% to 4,136.25 and the Dow Jones Industrial Average rising 1.65% to 33,674.38.
The stock's rise snapped a three-day losing streak.
MSCI Inc. closed $98.85 below its 52-week high ($572.50), which the company achieved on February 2nd.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as JPMorgan Chase & Co. (JPM) rose 1.95% to $136.74, Charles Schwab Corp. (SCHW) rose 3.95% to $49.24, and BlackRock Inc. (BLK) rose 2.03% to $644.48.
Trading volume (423,688) remained 75,074 below its 50-day average volume of 498,762.
Data source: Dow Jones Market Data, FactSet. Data compiled May 5, 2023.
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May 05, 2023 17:12 ET (21:12 GMT)
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