MSCI Inc. Stock Falls Friday, Underperforms Market
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Shares of MSCI Inc. (MSCI) shed 0.16% to $469.63 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.16% to 4,124.08 and Dow Jones Industrial Average falling 0.03% to 33,300.62.
This was the stock's second consecutive day of losses.
MSCI Inc. closed $102.87 short of 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) fell 1.43% to $134.10, Charles Schwab Corp. (SCHW) rose 2.54% to $48.94, and BlackRock Inc. (BLK) rose 0.48% to $645.10.
Trading volume (443,331) remained 66,776 below its 50-day average volume of 510,107.
Data source: Dow Jones Market Data, FactSet. Data compiled May 12, 2023.
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May 12, 2023 17:12 ET (21:12 GMT)
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