🔴 Morgan Stanley is trading 3.4% down today as investors sell the news despite record Q2 earnings and a $20B buyback

Morgan Stanley is trading 3.4% down at $220.70 as investors sell the stock following its strong second-quarter 2026 earnings and capital return announcement.

• The bank reported record revenue and a significant EPS beat, with total client assets surpassing the $10 trillion milestone.
• Management authorized a $20 billion share buyback program and a dividend increase, but shares are pulling back as the market digests a rally into the print and high expectations baked into the price.