Is It Time To Reassess Blackstone (BX) After This Year’s 22.9% Share Price Decline
This article examines whether Blackstone, trading at around US$122.46, is a bargain or already reflects its investment story, by exploring what the current share price might imply about value. The stock is roughly flat over the last week with a 0.1% move, has fallen 3.1% over the past month and is down 22.9% year to date, while the return over the last 1 year is a decline of 13.5%. The 3 and 5 year returns are 61.5% and 62.9% respectively. These moves come amid a steady flow of headlines...