Key Takeaways State Street shares hit a 52-week high of $120.81, gaining 22.1% in six months.Acquisitions, alliances and expanding fee income continue to drive STT's growth.Higher expenses and huge reliance on fee income could weigh on future performance.State Street Corporation (STT) shares touched a 52-week high of $120.81 in yesterday’s trading session to finally close at $119.43. In the past six months, STT shares have gained 22.1%, outperforming the industry’s 13.1% growth and the S&P 500 Index’s 18.7% ...

Group 1 - State Street Corp. (STT) has acquired PriceStats, a leading provider of daily global inflation data, enhancing its data analytics capabilities [1][8] - PriceStats has been a key component of State Street's Markets research platform since 2011, primarily serving institutional investors, economists, and central banks [2] - The integration of PriceStats into State Street Data Intelligence aims to provide proprietary data and insights for better investment decisions, alongside existing private equity and private credit data [3] Group 2 - Will Kinlaw, head of State Street Data Intelligence, emphasized the launch of advanced economic indicators leveraging PriceStats' platform [4] - The acquisition aligns with State Street's strategy of growth through acquisitions and collaborations, as evidenced by recent buyouts and partnerships [5] - State Street's stock performance has outpaced the industry, with a 24.7% gain compared to the industry's 13.2% growth over the past six months [6]