July 13, 2026 04:01 AM GMT Business & Education Services | North America The Leaders, The Laggards, and The Context – 7/13/26 Business Services stocks underperformed the S&P 500 by 161 bps this week. ANDG (+18%) and KLC (+4%) outperformed, while CLVT (-14%) and MH (-7%) underperformed. Info Services is ~7-turns below its 5yr NTM EV/EBITDA multiple; Diversified Business Services is ~2-turns lower. Exhibit 1: Business Services Performance Summary | | | | | Performance | | | | % vs. 52 | | --- | --- | --- | -- ...