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α52
Alpha 52
Where AI meets Quant
BX
144.92
+ 1.04%
Blackstone Inc.
Financial Services

News Sentiment

59m ago
Bullish 45%
Bearish 55%

News Summary

The company faces a significant loss from a failed investment in United Site Services, part of a continuation vehicle strategy, contributing to a $1.4 billion combined loss with other firms. This has occurred alongside a 16.6% stock decline year-to-date. However, the firm is actively pursuing growth, reportedly nearing a deal to acquire MacLean Power Systems for over $4 billion. Recent stock performance is mixed, with a 4.5% weekly gain but longer-term declines, though its five-year return remains strong at 179.6%.
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