Moody's shares are trading lower after the company reported mixed Q4 results and issued soft guidance.
Portfolio Pulse from Benzinga Newsdesk
Moody's Corporation reported mixed results for Q4 and provided guidance that did not meet expectations, leading to a decrease in its stock price.
February 13, 2024 | 3:41 pm
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Moody's Corporation reported mixed Q4 earnings and issued guidance that fell short of expectations, causing its stock to trade lower.
The mixed Q4 results combined with the soft guidance directly impact investor sentiment and future earnings expectations for Moody's, likely leading to a short-term decrease in stock price.
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