DJ KKR & Co. Inc. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains
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Shares of KKR & Co. Inc. $(KKR)$ rallied 1.10% to $148.24 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.16% to 5,918.25 and the Dow Jones Industrial Average rising 0.25% to 42,635.20.
The stock's rise snapped a two-day losing streak.
KKR & Co. Inc. closed $15.44 short of its 52-week high ($163.68), which the company achieved on November 29th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Blackstone Inc. $(BX)$ rose 1.53% to $173.97, Morgan Stanley $(MS)$ rose 0.77% to $127.86, and Goldman Sachs Group Inc. $(GS)$ fell 0.02% to $580.02.
Trading volume (3.8 M) eclipsed its 50-day average volume of 3.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled January 8, 2025.
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(END) Dow Jones Newswires
January 08, 2025 16:41 ET (21:41 GMT)
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