0709 GMT - London Stock Exchange Group shares open around 6% lower, tumbling to the bottom of the FTSE 100 index, after the group posted first-half earnings and despite enhanced growth guidance. First-half revenue was in line but adjusted Ebitda was slightly below consensus. The analysts note that market expectations were high, so the results may be met with modest disappointment, adding that the long-term thesis remains intact. RBC retains its outperform rating on the stock and 7,400-pence price target. (joseph.hoppe@wsj.com)Contact: London NewsPlus, paul.larkins@wsj.com(END) Dow Jones NewswiresAugust 03, 2023 12:28 ET (16:28 GMT)Copyright (c) 2023 Dow Jones & Company, Inc.

Source: Wall Street Journal August 03, 2023 16:37 UTC