Shares of Moody's Corp. MCO shed 0.63% to $278.78 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX falling 0.44% to 3,913.97 and Dow Jones Industrial Average DJIA falling 0.38% to 31,493.34. The stock's fall snapped a four-day winning streak. Moody's Corp. closed $27.18 short of its 52-week high ($305.95), which the company achieved on September 2nd.
The stock underperformed when compared to some of its competitors Thursday, as S&P Global Inc. SPGI fell 0.14% to $338.46, MSCI Inc. MSCI fell 0.23% to $437.55, and Equifax Inc. EFX rose 0.55% to $177.56. Trading volume (698,914) remained 51,321 below its 50-day average volume of 750,235.