Stock in the Blackstone Group, a major private equity founded by Peter G. Peterson and Stephen Schwarzman, has fallen below its initial public offering price of US $31.00. Blackstone L.P. (NYSE symbol: BX) initially soared 13\% after being offered on the New York Stock Exchange last week. However, lately the the stock has dropped to below US$ 30. The stock was issued to brokerages for US $31 a share.
Stock in the Blackstone Group, a major private equity founded by Peter G. Peterson and Stephen Schwarzman, has fallen below its initial public offering price of US $31.00. Blackstone L.P. (NYSE symbol: BX) initially soared 13 percent after being offered on the New York Stock Exchange last week. However, lately the the stock has dropped to below $ 30. The stock was issued to brokerages for $31 a share.
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$31.00. Blackstone L.P. (NYSE symbol: BX) initially soared 13\% after being offered on the New York Stock Exchange last week. However, lately the the stock has dropped to below US$
$31.00. Blackstone L.P. (NYSE symbol: BX) initially soared 13 percent after being offered on the New York Stock Exchange last week. However, lately the the stock has dropped to below $
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US