Morgan Stanley (MS) Shares Pressured on Questionable Facebook (FB) Tactics; Hits Fresh 6-Month Low
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Morgan Stanley (NYSE: MS) continues to trade in negative territory Wednesday as traders evaluate its position and potential remedies related to the Facebook (Nasdaq: FB) IPO. A lower close on the session would be the 13th out of the last 16 session.
The last time Morgan Stanley closed below $13 was November 23rd, 2011, exactly 6-months ago.
Volatility is up 8 percent on the session from Tuesday's close. Shares are down 2.5 percent on the session.
The last time Morgan Stanley closed below $13 was November 23rd, 2011, exactly 6-months ago.
Volatility is up 8 percent on the session from Tuesday's close. Shares are down 2.5 percent on the session.
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