KKR & Co. Inc. Stock Slides 4.8%, Underperforms Peers

Dow Jones04:34

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of KKR & Co. Inc. shed 4.8% to $87.16 on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index remaining mostly unchanged at 7,805.45 and the Dow Jones Industrial Average falling 0.3% to 51,670.10.

The stock's fall snapped a two-day winning streak.

KKR & Co. Inc. closed 39.8% below its 52-week high of $144.84, which the company achieved on December 11th.

The stock underperformed when compared to some of its peers, as Blackstone Inc. fell 4.2% to $109.98, Morgan Stanley fell 1.8% to $186.64, and Goldman Sachs Group Inc. fell 0.23% to $891.91.

Trading volume totaled 9.1 million, compared to the 50-day average of 4.5 million.

Data source: Dow Jones Market Data, FactSet

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