MSCI Inc. Stock Falls Monday, Underperforms Market
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Shares of MSCI Inc. (MSCI) slid 1.29% to $463.56 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.30% to 4,136.28 and the Dow Jones Industrial Average rising 0.14% to 33,348.60.
This was the stock's third consecutive day of losses.
MSCI Inc. closed $108.94 below its 52-week high ($572.50), which the company achieved on February 2nd.
The stock underperformed when compared to some of its competitors Monday, as JPMorgan Chase & Co. (JPM) rose 0.84% to $135.23, Charles Schwab Corp. (SCHW) rose 4.09% to $50.94, and BlackRock Inc. (BLK) fell 0.05% to $644.75.
Trading volume (442,539) remained 68,694 below its 50-day average volume of 511,233.
Data source: Dow Jones Market Data, FactSet. Data compiled May 15, 2023.
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May 15, 2023 17:12 ET (21:12 GMT)
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