Why MSCI's Stock Rose 13.9% in June
MSCI (NYSE: MSCI), a leading provider of global market indexes, experienced a 13.9% jump in its stock price in June, according to S&P Global Market Intelligence. By comparison, the major U.S. stock market benchmark, the S&P 500, was only up 2.3% last month.
MSCI's stock price is up 21% year to date as of July 6, trading at $542 per share or about 56 times earnings.
Source Fool.com