Shares of Moody's Corp. MCO rallied 1.88% to $296.25 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX falling 0.55% to 3,889.14 and Dow Jones Industrial Average DJIA falling 0.01% to 32,420.06. This was the stock's fourth consecutive day of gains. Moody's Corp. closed $9.71 short of its 52-week high ($305.96), which the company reached on September 2nd.
The stock outperformed some of its competitors Wednesday, as S&P Global Inc. SPGI rose 1.43% to $351.79, MSCI Inc. MSCI rose 0.78% to $424.03, and Equifax Inc. EFX fell 0.61% to $174.41. Trading volume (934,811) eclipsed its 50-day average volume of 803,059.