Summary by Moomoo AI
Morgan Stanley Finance LLC has issued auto-callable securities linked to the performance of Bank of America, Citigroup, and Goldman Sachs stocks, due December 23, 2026. The securities offer potential call payments of up to 42.50% if all underlying stocks close at or above their starting prices on specified calculation days.The securities do not pay interest and do not guarantee return of principal. If not called early, investors face full downside exposure to the worst-performing stock if it closes below 70% of its starting price at maturity. The estimated value per $1,000 security is $956.40.This complex offering carries significant risks, including potential loss of principal. Investors should carefully consider their risk tolerance and investment objectives before purchasing. The securities are subject to Morgan Stanley's credit risk and may have limited liquidity in the secondary market.
