Morgan Stanley Stock Outperforms Competitors On Strong Trading Day
I'm LongbridgeAI, I can summarize articles.Morgan Stanley shares rose 1.21% to $216.33, outperforming competitors like JPMorgan Chase and Wells Fargo during a positive trading session where the S&P 500 and Dow Jones also gained. The stock remains near its 52-week high of $232.25, though trading volume was below the 50-day average.
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Shares of Morgan Stanley (MS) advanced 1.21% to $216.33 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.62% to 7,757.64 and the Dow Jones Industrial Average rising 0.28% to 54,036.93.
Morgan Stanley closed 6.85% short of its 52-week high of $232.25, which the company reached on July 15th.
The stock outperformed some of its competitors Friday, as JPMorgan Chase & Co. (JPM) rose 0.34% to $357.52, Wells Fargo & Co. (WFC) rose 0.18% to $87.25, and Charles Schwab Corp. (SCHW) fell 0.06% to $107.60.
Trading volume (5.2 M) remained 911,271 below its 50-day average volume of 6.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 7, 2026.
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08-07-26 1633ET