MSCI Inc. Stock Outperforms Market Despite Losses On The Day
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Shares of MSCI Inc. (MSCI) dropped 0.63% to $457.19 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.73% to 4,115.24 and Dow Jones Industrial Average falling 0.77% to 32,799.92.
This was the stock's second consecutive day of losses.
MSCI Inc. closed $115.31 below its 52-week high ($572.50), which the company reached on February 2nd.
Despite its losses, the stock outperformed some of its competitors Wednesday, as JPMorgan Chase & Co. (JPM) fell 0.92% to $135.34, Charles Schwab Corp. (SCHW) fell 1.34% to $52.08, and BlackRock Inc. (BLK) fell 0.99% to $655.00.
Trading volume (536,397) eclipsed its 50-day average volume of 501,420.
Data source: Dow Jones Market Data, FactSet. Data compiled May 24, 2023.
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May 24, 2023 17:12 ET (21:12 GMT)
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