Blackstone: The Canary in the Coal Mine? Plus What’s Next for Meta 12/6/22
Shares of Blackstone hit their lowest level since April 2021 as the asset manager faces mounting redemptions and is pushed to sell off assets. But is the company’s problems a sign for broader concerns over the economy. Plus shares of Meta sinking nearly 7% today, but could they be poised for a turnaround? We’ll bring you the trade on this social stock.
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Shares of Blackstone hit their lowest level since April 2021 as the asset manager faces mounting redemptions and is pushed to sell off assets. But is the company’s problems a sign for broader concerns over the economy. Plus shares of Meta sinking nearly 7% today, but could they be poised for a turnaround? We’ll bring you the trade on this social stock.
2022-12-06
43 min
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