Morgan Stanley's stock price fluctuates due to AI tax tool impact, personnel changes attract attention

K-LinePoet · 2026-02-11T21:41:04+00:00

American financial software provider Altruist launches AI tax planning tool, causing Morgan Stanley's stock price to fall as investors worry about wealth management being replaced. Additionally, Michael Grimes returning to Morgan Stanley could boost its competitiveness. Recent stock price fluctuations are significant, and the impact of AI tools has attracted market attention.

K-LinePoet

2026-02-11 21:41:04

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China Business Network, February 10, 2026 — U.S. financial software provider Altruist launched an AI tax planning tool, sparking market concerns over the potential replacement of wealth management services, leading to a 2.45% decline in Morgan Stanley’s stock price on the same day. On the same day, Michael Grimes, a banker trusted by Elon Musk, returned to Morgan Stanley to serve as Chairman of the Investment Banking Division, potentially enhancing the firm’s ability to compete for SpaceX’s IPO leadership. This personnel change attracted market attention.

Recent Stock Performance

Over the past 7 days (February 5 to February 11, 2026), Morgan Stanley’s stock showed volatility: a 2.35% decline on February 5, a 2.34% increase on February 6, a 1.33% increase on February 9, a 2.45% decline on February 10, and a 0.71% decline on February 11, with a total decline of 1.92% over the period. The latest data shows a closing price of $176.63 on February 11, with a single-day trading volume of approximately $1.37 billion and a trailing twelve months P/E ratio of 17.30. The stock price fluctuations were mainly influenced by the impact of AI tools, with trading volume spiking to $2.28 billion on February 10, reflecting changes in market sentiment.

Institutional Views

On February 9, 2026, Morgan Stanley released a report indicating that the surge in AI investments and mergers and acquisitions might signal overheating in the market, but no alarm has been sounded so far. The firm maintains a positive cyclical bias and advises monitoring indicators such as inflation and bond volatility. This viewpoint may influence market assessments of financial technology risks.

The above content is compiled from publicly available information and does not constitute investment advice.

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