U.S. stocks traded lower, with the Dow Jones index falling more than 250 points on Tuesday.
Shares of Morgan Stanley MS fell during Tuesday’s session after the company reported fourth-quarter financial results.
Morgan Stanley reported a fourth-quarter net profit of $1.5 billion, or 85 cents per diluted share, compared to $2.2 billion or $1.26 in the prior year. The company reported revenues of $12.9 billion, beating the consensus of $12.75 billion.
Morgan Stanley shares fell 4.6% to $85.58 on Tuesday.
Here are some other big stocks recording losses in today’s session.
- Spirit Airlines, Inc. SAVE shares dipped 46.4% to $8.01.
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