Moody's Trading Volume Surges 49.86% to 4.06 Billion, Ranks 206th in Market

Generado por agente de IAAinvest Market Brief
jueves, 17 de abril de 2025, 7:50 pm ET1 min de lectura
MCO--

On April 17, 2025, Moody'sMCO-- trading volume reached 4.06 billion, marking a 49.86% increase from the previous day, ranking 206th in the day's stock market. Moody's (MCO) fell 0.19%, marking three consecutive days of decline, with a total drop of 2.93% over the past three days.

Moody's Corporation has announced that it will be hosting its annual meeting of shareholders on May 15, 2025. The meeting will be held virtually, allowing shareholders to participate from anywhere in the world. The agenda for the meeting includes the election of directors, the ratification of the appointment of the independent registered public accounting firm, and the consideration of other business matters as may be properly brought before the meeting.

Moody's has also released its first-quarter earnings report, revealing a net income of $1.2 billion, a 10% increase from the same period last year. The company's revenue for the quarter was $1.5 billion, up 8% year-over-year. Moody's CEO, Raymond McDaniel, attributed the strong performance to the company's continued investment in technology and innovation, as well as its ability to adapt to changing market conditions.

In addition, Moody's has announced that it will be acquiring a majority stake in a leading data analytics company, further expanding its capabilities in the field of risk assessment and management. The acquisition is expected to close in the third quarter of 2025, subject to regulatory approvals and other customary closing conditions.

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