MSCI Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of MSCI Inc. (MSCI) shed 1.00% to $472.49 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.27% to 33,665.02 and the S&P 500 Index falling 0.38% to 4,267.52.
This was the stock's second consecutive day of losses.
MSCI Inc. closed $100.01 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 Wednesday, as JPMorgan Chase & Co. (JPM) rose 0.97% to $140.69, Charles Schwab Corp. (SCHW) rose 1.87% to $55.63, and BlackRock Inc. (BLK) fell 0.25% to $678.23.
Trading volume (461,382) remained 31,191 below its 50-day average volume of 492,573.
Data source: Dow Jones Market Data, FactSet. Data compiled June 7, 2023.
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June 07, 2023 16:55 ET (20:55 GMT)
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