Shares of Moody's Corp. MCO dropped 0.75% to $272.62 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX falling 1.16% to 3,567.79 and Dow Jones Industrial Average DJIA falling 1.16% to 29,438.42. This was the stock's second consecutive day of losses. Moody's Corp. closed $33.34 below its 52-week high ($305.95), which the company achieved on September 2nd.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as S&P Global Inc. SPGI fell 0.05% to $336.48, MSCI Inc. MSCI fell 0.91% to $399.95, and Equifax Inc. EFX remained unchanged. Trading volume (601,402) remained 53,310 below its 50-day average volume of 654,712.