MCO is trading at $410.78 (-8.61%) following a sharp sector-wide decline triggered by S&P Global's (SPGI) disappointing Q4 earnings and long-term outlook.
- S&P Global forecasted FY2026 EPS of $19.40-$19.65, falling short of the $19.96 analyst consensus and sparking concerns over industry-wide headwinds.
- The downward move in MCO is a sympathy reaction to its peer's results, as the company has no specific news today and is not scheduled to report its own earnings until next week.