Shares of Morgan Stanley
inched 0.88% higher to $89.47 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
falling 0.73% to 3,934.38 and Dow Jones Industrial Average
falling 0.90% to 33,476.46. This was the stock’s second consecutive day of gains. Morgan Stanley closed $20.26 short of its 52-week high ($109.73), which the company achieved on February 10th.
The stock outperformed some of its competitors Friday, as JPMorgan Chase & Co.
fell 0.54% to $132.16, Wells Fargo & Co.
fell 0.19% to $42.50, and Charles Schwab Corp.
fell 0.54% to $79.82. Trading volume (6.5 M) remained 723,696 below its 50-day average volume of 7.2 M.