S&P Global stock slides again as “Mobility Global” spin-off rebrand puts SPGI in the spotlight
S&P Global shares fell 3.1% to $450.93 Thursday afternoon in New York, extending recent losses. The company confirmed its Mobility unit will rebrand as “Mobility Global” ahead of a planned spin-off. Investors await S&P’s Feb. 10 earnings for updates on the separation timeline. The stock last closed at $468.21 on Feb. 3.