MSCI Inc. Stock Underperforms Tuesday When Compared To Competitors
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Shares of MSCI Inc. (MSCI) slid 1.42% to $456.98 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.64% to 4,109.90 and Dow Jones Industrial Average falling 1.01% to 33,012.14.
This was the stock's fourth consecutive day of losses.
MSCI Inc. closed $115.52 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 Tuesday, as JPMorgan Chase & Co. (JPM) fell 0.67% to $134.32, Charles Schwab Corp. (SCHW) fell 1.67% to $50.09, and BlackRock Inc. (BLK) fell 1.69% to $633.83.
Trading volume (445,528) remained 66,902 below its 50-day average volume of 512,430.
Data source: Dow Jones Market Data, FactSet. Data compiled May 16, 2023.
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May 16, 2023 17:12 ET (21:12 GMT)
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