Stock market today: Live updates
Written by Black Hot Fire Network on January 16, 2024
12 Mins Ago
Morgan Stanley rises after earnings report
Shares of Morgan Stanley were up more than 1% in the premarket after the investment bank posted its fourth-quarter results.
The bank earned 85 cents per share on revenue of $12.9 billion. Analysts expected a profit of $1.01 per share, but it wasn't clear if that estimate was comparable to the results. For revenue, the Street was looking for $12.7 billion.