Shares of Moody's Corp. MCO shed 1.88% to $287.61 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 1.48% to 3,915.46 and Dow Jones Industrial Average DJIA falling 0.46% to 32,862.30. This was the stock's third consecutive day of losses. Moody's Corp. closed $18.35 short of its 52-week high ($305.96), which the company reached on September 2nd.
The stock underperformed when compared to some of its competitors Thursday, as S&P Global Inc. SPGI fell 0.49% to $348.46, MSCI Inc. MSCI fell 1.83% to $405.62, and Equifax Inc. EFX rose 0.41% to $172.70. Trading volume (768,374) remained 16,567 below its 50-day average volume of 784,941.