The London Stock Exchange Group’s (LSEG) share price is down another 3% this morning. It follows a sharp fall of 13% last Friday following the FY2020 earnings release.
The FY2020 results were not the cause of the sharp fall. The sluggish guidance regarding the costs for 2021 and following years and the recent sharp drawback in growth stocks (rich P/E or EV/EBITDA) have contributed to this (almost) 15% decrease in the company’s share price.
08 Mar 2021
Dear LSEG...
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Dear LSEG...
London Stock Exchange Group plc (LSEG:LON) | 8,896 7294.7 0.9% | Mkt Cap: 47,647m
- Published:
08 Mar 2021 -
Author:
Farhad Moshiri -
Pages:
2
The London Stock Exchange Group’s (LSEG) share price is down another 3% this morning. It follows a sharp fall of 13% last Friday following the FY2020 earnings release.
The FY2020 results were not the cause of the sharp fall. The sluggish guidance regarding the costs for 2021 and following years and the recent sharp drawback in growth stocks (rich P/E or EV/EBITDA) have contributed to this (almost) 15% decrease in the company’s share price.