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Sydnee Gatewood
Sydnee Gatewood
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T Rowe Price Comments on Morgan Stanley

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February 23, 2021 | About:
Additionally, shares of leading global investment bank Morgan Stanley (NYSE:MS) gained late in the period, driven by the company's resilient operating performance during the pandemic and positive market sentiment concerning the development and distribution of several COVID-19 vaccines. Investors also appeared pleased after the bank authorized a multibillion-dollar stock repurchase plan for 2021 following positive stress test results.

From the T Rowe Price Equity Income Fund (Trades, Portfolio)'s 2020 annual shareholder letter.

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