will it rebound after earnings? — TradingView News
FactSet stock price has crashed this year, mirroring the performance of other companies in the data services industry like MorningStar. FDS has dropped by 41% from its highest level in November, lowering its market capitalization from a high of $18.86 billion to the current $10.9 billion. Is it safe to buy the dip ahead of earnings?
FactSet stock dropped as growth momentum waned
FactSet Research Systems, a top company in the financial data industry, has come under pressure this year as its results showed that its business was slowing.
The most recent results showed that its revenue rose by 6.2% in the last quarter to $596 million, while its organic annual subscription value (ASV) rose by 5.7% to $2.37 billion.
These results, which missed…
