Morgan Stanley Down Over 6% After 4Q Earnings Miss Estimates -- Data Talk
January 17 2019 - 11:04AM
Dow Jones News
Morgan Stanley (MS) is currently at $41.77, down $2.72 or
6.11%
-- On pace for largest percent decrease since June 24, 2016 when
it fell 10.15%
-- Earlier Thursday, the company posted a fourth-quarter profit
of $1.53 billion, or 80 cents a share, on revenues of $8.55
billion. Both were lower than a year ago, when the firm earned 84
cents a share, excluding the effects of the 2017 tax-law change, on
$9.5 billion in revenue. Analysts polled by Refinitiv had predicted
$1.6 billion, or 89 cents a share, on revenue of $9.3 billion.
-- Snaps a four day winning streak
-- Up 5.35% month-to-date
-- Down 54.07% from its all-time closing high of $90.95 on Sept.
11, 2000
-- Traded as low as $41.61
-- Down 6.47% at today's intraday low; largest intraday percent
decrease since Dec. 4, 2018 when it fell as much as 6.8%
-- Second worst performer in the S&P 500 today
-- Fifth most active stock in the S&P 500 today
All data as of 10:24:59 AM
Source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
January 17, 2019 10:49 ET (15:49 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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