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Shares of MSCI Inc. (MSCI) inched 0.94% higher to $461.27 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.19% to 4,158.77 and the Dow Jones Industrial Average rising 1.24% to 33,420.77.
The stock's rise snapped a four-day losing streak.
MSCI Inc. closed $111.23 below its 52-week high ($572.50), which the company reached on February 2nd.
The stock underperformed when compared to some of its competitors Wednesday, as JPMorgan Chase & Co. (JPM) rose 3.07% to $138.45, Charles Schwab Corp. (SCHW) rose 3.45% to $51.82, and BlackRock Inc. (BLK) rose 2.65% to $650.64.
Trading volume (364,326) remained 146,151 below its 50-day average volume of 510,477.
Data source: Dow Jones Market Data, FactSet. Data compiled May 17, 2023.
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May 17, 2023 17:12 ET (21:12 GMT)
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