MSCI Inc. Stock Falls Friday, Underperforms Market
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Shares of MSCI Inc. (MSCI) slipped 0.51% to $469.84 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.14% to 4,191.98 and Dow Jones Industrial Average falling 0.33% to 33,426.63.
The stock's fall snapped a two-day winning streak.
MSCI Inc. closed $102.66 short of its 52-week high ($572.50), which the company achieved on February 2nd.
The stock underperformed when compared to some of its competitors Friday, as JPMorgan Chase & Co. (JPM) fell 0.23% to $139.18, Charles Schwab Corp. (SCHW) fell 0.15% to $51.67, and BlackRock Inc. (BLK) fell 0.39% to $666.70.
Trading volume (345,484) remained 168,888 below its 50-day average volume of 514,372.
Data source: Dow Jones Market Data, FactSet. Data compiled May 19, 2023.
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May 19, 2023 17:11 ET (21:11 GMT)
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