DJ Morgan Stanley Stock Outperforms Competitors On Strong Trading Day
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Shares of Morgan Stanley $(MS)$ advanced 2.47% to $89.14 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.17% to 37,798.97 and the S&P 500 Index falling 0.21% to 5,051.41.
This was the stock's second consecutive day of gains.
Morgan Stanley closed $6.43 short of its 52-week high ($95.57), which the company reached on July 25th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as JPMorgan Chase & Co. $(JPM)$ fell 1.14% to $180.80, Wells Fargo & Co. $(WFC)$ fell 0.98% to $56.41, and Charles Schwab Corp. $(SCHW)$ rose 2.58% to $73.07.
Trading volume (18.3 M) eclipsed its 50-day average volume of 8.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 16, 2024.
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(END) Dow Jones Newswires
April 16, 2024 16:39 ET (20:39 GMT)
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