Shares of private equity titan Blackstone Group jumped about 19 percent in their market debut Friday, further enriching the firm's two founders and raising the specter of more scrutiny from lawmakers.
Shares of private equity titan Blackstone Group jumped about 19 percent in their market debut Friday, further enriching the firm's two founders and raising the specter of more scrutiny from lawmakers.
2 comments:
SWC plunged 9% on Friday. This is an excellent entry for people who wants to ride the palladium bull. You need to know this metal and the Russian Enigma that makes it super bullish! Just as copper brought 20 folds return in PCU in 4 years, palladium bull will give SWC a 20 folds return in 4 years. Click on my name and visit my blog, or directly go to stockology.blogspot.com
Sept 14- $23.92
Blackstone’s shares rose 13 percent in their first day of trading Friday, but those gains have since been erased. Part of the decline might have stemmed from a cover story in Barron’s over the weekend, which suggested that Blackstone’s founders, Mr. Schwarzman and Peter Peterson, were the true beneficiaries of the I.P.O., as opposed to the investors who bought its new equity.
http://www.entrepreneur.com.sg
Post a Comment