The Blackstone Group L.P. (NYSE:BX) has lost 8.03% during the past week and dropped 7.81% in the last 4 weeks. The shares are however, negative as compared to the S&P 500 for the past week with a loss of 5.95%.
is due to issue its quarterly earnings report in the upcoming extended-hours session. Given its history, traders can expect light trading in the issue immediately following its quarterly earnings announcement.
Blackstone Group announced that it has sold its 97.9% stake in Agile Electric Sub Assembly Private Limted to four different entities including Tata Capital Growth Fund I, Igarashi Electric Works Limited (IEWL), MAPE Securities Private Limited and Alpha ...
But making Blackstone Group LP an even more interesting and timely stock to look at, is the fact that in trading on Tuesday, shares of BX entered into oversold territory, changing hands as low as $38.561 per share.
Blackstone Group LP's Invitation Homes, after spending more than $9 billion in a U.S. property-buying spree, is starting to sell some houses as it shifts focus from rapid expansion to fine-tuning its holdings.