Morgan Stanley stock price: $6 million insider sale and Trump’s Fed pick loom over Monday trade
Morgan Stanley co-president Daniel Simkowitz sold 32,968 shares for about $6.0 million, leaving him with 357,342 shares, a regulatory filing showed Friday. Morgan Stanley stock closed up 0.2% at $182.80. The sale comes as markets react to Trump’s pick of Kevin Warsh for Fed chair and rising U.S. producer prices.