Blackstone's Stock Surge: A Deep Dive

Blackstones stock surged by over three percent this week, driven by the acquisition of the Four Seasons Hotel in San Francisco and the launch of a new retirement savings division. Despite this boost, the stock is still down thirteen percent year-to-date and twenty-one percent below its fifty-two-week high. However, long-term investors have seen significant growth, with a $1000 investment five years ago now worth $2462.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.