Facebook IPO Kicks Lead Underwriter Morgan Stanley (MS) into Gear
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Seeing some strong action this week on the Facebook IPO is lead underwriter Morgan Stanley (NYSE: MS).
After closing at $18.56 last Friday, Morgan Stanley has traversed 10.1 percent higher this week to the mid-$20 level -- a level the stock hasn't penetrated since last August.
Friday the stock is up 4.7 percent as economic data coupled with investor sentiment is pushing shares to a four-day winning streak.
After closing at $18.56 last Friday, Morgan Stanley has traversed 10.1 percent higher this week to the mid-$20 level -- a level the stock hasn't penetrated since last August.
Friday the stock is up 4.7 percent as economic data coupled with investor sentiment is pushing shares to a four-day winning streak.
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