India, July 21 -- Shares of MSCI Inc. (MSCI) slipped 9% on Tuesday morning after reporting second-quarter results, despite revenues, earnings and subscription growth improving year over year.
The stock is currently trading at $571.16, down $53.95 or 8.63%, on the NYSE. It opened at $561.00 after closing the previous session at $625.11. The stock has traded between $501.08 and $644.77 over the past 52 weeks.
Second-quarter operating revenue increased 12.2% to $867.0 million, while net income rose 12.6% to $342.0 million.
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