Why Is S&P Global Stock Sliding Thursday?

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S&P Global Inc (NYSE:SPGI) stock dropped after it reported its fourth-quarter results Thursday.

The New York-based company clocked revenue growth of 7% year-on-year to $3.15 billion, surpassing the consensus of $3.13 billion.

Adjusted EPS of $3.13 missed the consensus of $3.15.

Market Intelligence revenue grew by 9% Y/Y to $1.13 billion.

Ratings revenue increased 19% Y/Y to $838 million.

Commodity Insights revenue climbed 10% Y/Y to $497 million.

Mobility revenue rose by 9% Y/Y to $377 million.

Indices revenue increased 5% Y/Y to $360 …

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