Morgan Stanley Sees Largest Percent Gain Since November 2016 After 3Q Profit Beats Estimates -- Data Talk
October 16 2018 - 5:07PM
Dow Jones News
Morgan Stanley (MS) closed at $45.94, up $2.47 or 5.68%
-- Largest percent increase since Nov. 9, 2016, when it rose
7.1%
-- Up two consecutive days; up 5.78% over this period
-- The company reported third-quarter profit of $2.15 billion on
$9.87 billion in revenue, both better than a year ago. Earnings per
share of $1.17 exceeded the expectations of analysts polled by
Refinitiv, who predicted $1.01 per share.
-- Best two-day stretch since the two days ending April 25,
2017, when it rose 5.91%
-- Traded as high as $46.20
-- Up 6.28% at today's intraday high; largest intraday percent
increase since Nov. 10, 2016, when it rose as much as 6.63%
-- Eighth-best performer in the S&P 500 today
Source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
October 16, 2018 16:52 ET (20:52 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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