Moodys is trading 4.1% down in pre-market at $490.60 after reports that Cantillon Capital Management cut its position by 95% during the second quarter.

  • Cantillon sold more than 374,000 shares as the stock had recently rallied following strong second-quarter results.
  • The disclosure potentially prompted concern about institutional selling and valuation.
  • Broader markets were modestly higher, so the decline appears company-specific rather than market-driven.