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Updated · MarketWatch · May 8Blackstone stock rises 1.18% and outperforms market
12 articles · Updated · MarketWatch · May 8
- Shares closed at $123.77 on Friday as the S&P 500 gained 0.84% to 7,398.93 and the Dow Jones Industrial Average edged up 0.02% to 49,609.16.
- Despite the gain, Blackstone ended 34.89% below its 52-week high of $190.09 reached on 18 September.
- Trading volume was 3.3 million shares, 5.4 million below its 50-day average of 8.6 million, indicating lighter-than-usual activity.
A new rule could funnel trillions from 401(k)s into private equity. Will this finally silence the bears on Blackstone's stock? Blackstone is now selling complex funds to average investors. Is this a path to wealth or a gateway to unforeseen risk? Can Blackstone's huge AI infrastructure bet overshadow the increasing risks now surfacing in its massive private credit funds?