WW - Morgan Stanley Reports Q4 Results Joins Boeing Alcoa And Other Big Stocks Moving Lower On Tuesday | Benzinga
U.S. stocks traded lower, with the Dow Jones index falling more than 250 points on Tuesday.
Shares of Morgan Stanley (NYSE: MS) fell during Tuesday’s session after the company reported fourth-quarter financial results.
Morgan Stanley reported a fourth-quarter net profit of $1.5 billion, or 85 cents per diluted share, compared to $2.2 billion or $1.26 in the prior year. The company reported revenues of $12.9 billion, beating the consensus of $12.75 billion.
Morgan Stanley shares fell 4.6% to $85.58 on Tuesday.
Here are some other big stocks recording losses in today’s session.