Morgan Stanley Emerging Markets Debt Fund Inc. shares fall 1.34% after-hours as Morgan Stanley increases yield offer on xAi's $5 billion debt raise.
ByAinvest
Friday, Jun 20, 2025 4:39 pm ET1min read
MSD--
Morgan Stanley Emerging Markets Debt Fund Inc. declined 1.34% in after-hours trading. The decrease in stock price may be attributed to the recent news that Morgan Stanley is involved in a $5 billion debt raise for Elon Musk's xAi, which could potentially divert resources and attention away from the fund. Additionally, the fund declared dividends for the fiscal year 2025, which may have led to profit-taking by investors.
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