Morgan Stanley (MS): Today's Featured Financial Services Winner
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. Morgan Stanley (MS) pushed the Financial Services industry higher today making it today's featured financial services winner. The industry as a whole closed the day up 1.1%. By the end of trading, Morgan Stanley rose 61 cents (3.1%) to $20.19 on heavy volume. Throughout the day, 31.8 million shares of Morgan Stanley exchanged hands as compared to its average daily volume of 19 million shares. The stock ranged in a price between $19.58-$20.25 after having opened the day at $19.68 as compared to the previous trading day's close of $19.58. Other companies within the Financial Services industry that increased today were: Artio Global Investors (ART), up 8.8%, Noah Holdings (NOAH), up 8.3%, Cash Store Financial Services (CSFS), up 7.9%, and WisdomTree Investments (WETF), up 7.5%.
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