DJ Moody's Corp. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Moody's Corp. $(MCO)$ slipped 3.20% to $470.09 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 2.95% to 5,872.16 and Dow Jones Industrial Average falling 2.58% to 42,326.87.
This was the stock's second consecutive day of losses.
Moody's Corp. closed $33.86 short of its 52-week high ($503.95), which the company reached on November 27th.
The stock underperformed when compared to some of its competitors Wednesday, as S&P Global Inc. $(SPGI)$ fell 2.07% to $490.13 and MSCI Inc. (MSCI) fell 2.22% to $597.90.
Trading volume (767,797) eclipsed its 50-day average volume of 660,833.
Data source: Dow Jones Market Data, FactSet. Data compiled December 18, 2024.
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(END) Dow Jones Newswires
December 18, 2024 16:44 ET (21:44 GMT)
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