Morgan Stanley Shares Fall as AI IPO Prices Below Range
Morgan Stanley shares traded down approximately 1% at $190.765 on September 30, as Accelevation's $540 million IPO, which the investment bank co-led, priced below its proposed range.
Morgan Stanley, the investment-banking and wealth-management company NYSE:MS, led Accelevation's $540 million IPO alongside JPMorgan, 765, down approximately 1% on September 30. The AI-infrastructure supplier priced below its proposed range. AI…