MSCI Inc. Stock Falls Thursday, Underperforms Market
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Shares of MSCI Inc. (MSCI) slipped 0.76% to $466.97 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.99% to 4,221.02 and the Dow Jones Industrial Average rising 0.47% to 33,061.57.
This was the stock's third consecutive day of losses.
MSCI Inc. closed $105.53 short of its 52-week high ($572.50), which the company reached on February 2nd.
The stock underperformed when compared to some of its competitors Thursday, as JPMorgan Chase & Co. (JPM) rose 1.38% to $137.58, Charles Schwab Corp. (SCHW) rose 0.02% to $52.70, and BlackRock Inc. (BLK) rose 1.72% to $668.84.
Trading volume (414,719) remained 78,867 below its 50-day average volume of 493,586.
Data source: Dow Jones Market Data, FactSet. Data compiled June 1, 2023.
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June 01, 2023 17:12 ET (21:12 GMT)
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