MSCI Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of MSCI Inc. (MSCI) rallied 2.52% to $478.76 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.45% to 4,282.37 and the Dow Jones Industrial Average rising 2.12% to 33,762.76.
The stock's rise snapped a three-day losing streak.
MSCI Inc. closed $93.74 short of its 52-week high ($572.50), which the company reached on February 2nd.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as JPMorgan Chase & Co. (JPM) rose 2.10% to $140.47, Charles Schwab Corp. (SCHW) rose 3.17% to $54.37, and BlackRock Inc. (BLK) rose 1.95% to $681.86.
Trading volume (423,570) remained 68,895 below its 50-day average volume of 492,465.
Data source: Dow Jones Market Data, FactSet. Data compiled June 2, 2023.
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June 02, 2023 16:55 ET (20:55 GMT)
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