MSCI Inc. Stock Falls Wednesday, Still Outperforms Market
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Shares of MSCI Inc. (MSCI) shed 0.19% to $470.53 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.61% to 4,179.83 and Dow Jones Industrial Average falling 0.41% to 32,908.27.
This was the stock's second consecutive day of losses.
MSCI Inc. closed $101.97 short of 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 1.27% to $135.71, Charles Schwab Corp. (SCHW) fell 2.14% to $52.69, and BlackRock Inc. (BLK) fell 2.38% to $657.55.
Trading volume (723,414) eclipsed its 50-day average volume of 486,183.
Data source: Dow Jones Market Data, FactSet. Data compiled May 31, 2023.
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May 31, 2023 17:12 ET (21:12 GMT)
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