Why did Morgan Stanley’s stock price fall today despite record earnings and revenue?
Morgan Stanley shares fell about 1.2% in premarket trading on Wednesday, even after the bank reported stronger-than-expected second-quarter earnings. The bank’s second-quarter profit topped Wall Street forecasts, helped by a sharp rise in investment banking and trading revenue. Morgan Stanley shares fell despite record second-quarter earnings and revenue. (Photographer: Michael Nagel/Bloomberg) (Bloomberg) Morgan Stanley Posted … Read more