Morningstar, Inc. shares fall 1.06% premarket after mixed Q2 earnings report.

Morningstar, Inc. declined 1.06% in premarket trading. The company reported second-quarter revenue growth with increases in operating and adjusted operating income and margins. Morningstar's CEO, Kunal Kapoor, highlighted the strong performance of PitchBook, Morningstar Direct Platform, and Morningstar Credit, which contributed to solid growth. The company also enhanced its Direct Advisory Suite with data on 1,000 private funds and improved screening tools, expanded CLO holdings and trade data in PitchBook, and published The State of.