Blackstone's Stock Drops Despite Strong Earnings
Update: 2025-11-28
Description
Blackstone Incorporated, a prominent asset management firm with a market value of $107 billion, has seen a recent decline in its stock performance. Despite its strong position and extensive scale, the companys stock has dropped by 25.4% from its 52-week high and is trading below its 200-day moving average since late October. The stock fell 4.2% after their third-quarter earnings report, despite better-than-expected results, including a 50.5% increase in distributable earnings per share.
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