MCO has been in the news 800% more than usual
May 16, 2025, 10:31 PM
-3.57%
What does MCO do
Moody's, headquartered in New York City, provides credit ratings, research, and analytical solutions to global capital markets through its two segments: Moody's Investors Service and Moody's Analytics. The company employs 15,439 staff and offers insights to help manage business risks and identify opportunities.
MCO has been in the news recently: Moody's downgraded Maryland's credit rating from AAA to Aa1 due to a projected $3.3 billion deficit, marking the state's first downgrade in decades. Additionally, Moody's also lowered the U.S. long-term credit rating from AAA to Aa1, citing rising debt costs and concerns about fiscal management amid a $1.05 trillion budget deficit.
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