DJ Morgan Stanley Stock Underperforms Friday When Compared To Competitors Despite Daily Gains
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Morgan Stanley $(MS)$ inched 0.64% higher to $100.22 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.12% to 5,303.27 and the Dow Jones Industrial Average rising 0.34% to 40,003.59.
Morgan Stanley closed $0.76 below its 52-week high ($100.98), which the company reached on May 15th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as JPMorgan Chase & Co. $(JPM)$ rose 1.15% to $204.79, Wells Fargo & Co. $(WFC)$ rose 0.03% to $61.08, and Charles Schwab Corp. $(SCHW)$ rose 0.95% to $78.78.
Trading volume (4.7 M) remained 2.7 million below its 50-day average volume of 7.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 17, 2024.
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(END) Dow Jones Newswires
May 17, 2024 16:38 ET (20:38 GMT)
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