![Morgan Stanley surges after earnings beat. Here’s what the pros say Morgan Stanley surges after earnings beat. Here’s what the pros say](https://i0.wp.com/image.cnbcfm.com/api/v1/image/107273247-morgn_stanley_movers.png?fit=%2C&ssl=1)
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Market Movers rounds up the best investor and analyst reactions to Morgan Stanley. Professionals including Jim Cramer weighed in on the bank, which surged 6.5 percent after second-quarter earnings and revenue topped estimates before the market opened on Tuesday. Morgan Stanley’s wealth management revenue rose 16% to $6.66 billion, a record high for the firm. Chief executive James Gorman, who announced in May that he would step down within a year, said the bank’s board was evaluating three internal candidates. In addition, he plans to stay on as executive chairman when his successor is promoted. The stock is currently held in the Cramer Charitable Trust portfolio.
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