This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of Morgan Stanley slid 5.7% to $121.72 on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.2% to 5,778.15 and Dow Jones Industrial Average falling 1.6% to 42,520.99.
This was the stock's second consecutive day of losses.
Morgan Stanley closed 14.3% below its 52-week high of $142.03, which the company reached on February 7th.
The stock underperformed when compared to some of its competitors, as JPMorgan Chase & Co. fell 4.0% to $250.25, Wells Fargo & Co. fell 4.8% to $73.30, and Charles Schwab Corp. fell 3.80% to $75.15.
Trading volume totaled 13.0 million, compared to the 50-day average of 6.4 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
March 04, 2025 16:35 ET (21:35 GMT)
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