MSCI shares rise 5% on robust third-quarter results
MSCI MSCI Inc
$591.69 +5.00%
View chart & analysis → - 1MSCI shares rose 5% on Tuesday.
- 2MSCI third-quarter revenue reached $892 million, marking a 12% year-over-year increase.
- 3Management cited increased new sales across several business segments, higher asset-based fees, and strength in the Asia-Pacific region as key improvements.
So what's the key point?
MSCI announced that its revenue grew 12% in the third quarter. The company's stock price rose 5% as business performance improved.
Source The Motley Fool +1 · View original ↗
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