Shares of Moody's Corp. MCO rallied 1.69% to $313.10 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 0.42% to 4,097.17 and the Dow Jones Industrial Average DJIA rising 0.17% to 33,503.57. The stock's rise snapped a two-day losing streak. Moody's Corp. hit a new 52-week high, surpassing its previous peak of $311.90, which the company reached on April 6th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as S&P Global Inc. SPGI rose 1.22% to $365.61, MSCI Inc. MSCI rose 1.79% to $445.29, and Morningstar Inc. MORN rose 0.70% to $233.41. Trading volume (792,804) eclipsed its 50-day average volume of 760,659.