Malcolm Ethridge announced during a live segment on CNBC that he has increased his holdings in two major financial institutions: The Goldman Sachs Group and Morgan Stanley.
The segment, which took place on October 2, 2026, highlighted the selection of Morgan Stanley for Ethridge's portfolio. The filing notes that Ethridge has purchased additional shares of the company.
The announcement came as part of a broader discussion on investment choices, where other guests selected stocks such as Snowflake, Micron, and Chubb. The context of the segment was the 'Final Trades' segment on CNBC.
Morgan Stanley is a global financial services firm with a market capitalization of approximately $299.24 billion. The company is listed on the New York Stock Exchange under the ticker symbol MS.
As of the last update on October 2, 2026, at 12:55 PM EDT, the stock price for Morgan Stanley was reported at $190.53. The stock has a 52-week range of $151.84 to $232.25.