Shares of Moody's Corp. MCO shed 1.04% to $293.11 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 0.29% to 3,974.12 and the Dow Jones Industrial Average DJIA rising 0.58% to 33,015.37. This was the stock's second consecutive day of losses. Moody's Corp. closed $12.85 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 Wednesday, as S&P Global Inc. SPGI rose 0.45% to $350.19, MSCI Inc. MSCI fell 0.82% to $413.17, and Equifax Inc. EFX fell 0.34% to $171.99. Trading volume (767,130) remained 19,125 below its 50-day average volume of 786,255.