Shares of Morgan Stanley
rallied 1.29% to $102.04 Tuesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index
rising 0.10% to 4,436.75 and the Dow Jones Industrial Average
rising 0.46% to 35,264.67. This was the stock’s fourth consecutive day of gains. Morgan Stanley hit a new 52-week high, surpassing its previous peak of $100.99, which the company reached on August 9th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as JPMorgan Chase & Co.
rose 1.23% to $159.26, Bank of America Corp.
rose 1.87% to $41.43, and Citigroup Inc.
rose 2.04% to $72.98. Trading volume (8.4 M) remained 949,726 below its 50-day average volume of 9.3 M.
View more information: https://www.marketwatch.com/story/morgan-stanley-stock-outperforms-market-on-strong-trading-day-01628629801-8d0f7db7dcb4