Why Blackstone Stock Stumbled Today
Blackstone(BX) The Motley Fool·2025-04-30 21:24The powerful investment management company Blackstone (BX -1.45%) wasn't looking all that mighty on the stock exchange Wednesday. On news that it's considering the sale of a promising, next-generation tech company, investors were wary of its stock. The shares closed the day down by more than 1%, contrasting unfavorably with the S&P 500's (^GSPC 0.15%) slight gain of 0.2%.Worried over a $3 billion deal?After market close on Tuesday, Reuters published an article stating that Blackstone is pushing forward with ...