{"id":194993,"date":"2023-10-18T15:39:44","date_gmt":"2023-10-18T15:39:44","guid":{"rendered":"https:\/\/tokenstalk.info\/?p=194993"},"modified":"2023-10-18T15:39:44","modified_gmt":"2023-10-18T15:39:44","slug":"morgan-stanley-shares-drop-6-after-quarterly-results","status":"publish","type":"post","link":"https:\/\/tokenstalk.info\/bitcoin\/morgan-stanley-shares-drop-6-after-quarterly-results\/","title":{"rendered":"Morgan Stanley Shares Drop 6% After Quarterly Results"},"content":{"rendered":"<p> Shares of Morgan Stanley (MS) are down more than 6% Wednesday morning after reporting lower profit in the third quarter.<\/p>\n<p>Net income for the third quarter was $2.408 billion, or $1.38 per share, lower than $2.632 billion, or $1.47 per share, for the same period a year ago.<\/p>\n<p>Provision for credit losses increased to $134 million from $35 million a year ago.<\/p>\n<p>Investment banking revenue also declined to $938 million from $1.277 billion last year.<\/p>\n<p>Morgan Stanley stock is at $75.25 currently. It has traded in the range of $75.11 &#8211; $100.99 in the last 1 year. <\/p>\n<p>Source: <a href=\"https:\/\/www.rttnews.com\/3397355\/morgan-stanley-shares-drop-6-after-quarterly-results.aspx?utm_source=rttnews&#038;utm_campaign=stockalerthome\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Morgan Stanley (MS) are down more than 6% Wednesday morning after reporting lower&#8230;<\/p>\n","protected":false},"author":4,"featured_media":194992,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[42],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Morgan Stanley Shares Drop 6% After Quarterly Results - Tokens Talk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tokenstalk.info\/bitcoin\/morgan-stanley-shares-drop-6-after-quarterly-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Morgan Stanley Shares Drop 6% After Quarterly Results - 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