KKR Stock Plummets 9.52% in Second Consecutive Day of Losses, Trading Volume Ranks 83rd

On April 4, 2025, KKR (KKR) experienced a significant decline, with its stock price dropping by 9.52%, marking the second consecutive day of losses and a total decrease of 23.25% over the past two days. The trading volume for KKR on this day was 17.66 billion, ranking 83rd in the overall market.

KKR & Co. Inc. recently announced the appointment of Timothy R. Barakett to its Board of Directors, effective March 13, 2025. This strategic move is expected to bring fresh perspectives and expertise to the company's leadership.

KKR has decided to withdraw from a private equity consortium that was discussing a potential takeover of Gerresheimer AG, a German company known for its packaging solutions for drugs and cosmetics. This decision may reflect KKR's shifting priorities or strategic realignments.

Bank of America Securities has maintained a Buy rating on KKR & Co (KKR), as stated in a report released on April 2, 2025. The firm's analyst, Craig Siegenthaler, continues to endorse the stock despite recent market volatility.

KKR & Co. Inc. has announced plans to sell up to $300 million worth of shares in J.B. Chemicals & Pharmaceuticals Limited, which represents a potential 10.2% stake in the company. This move is part of KKR's ongoing portfolio management strategy.

Bank of America has lowered its price target for KKR from $214 to $194, citing concerns over slowing economic growth and elevated inflation. Despite this adjustment, the firm continues to maintain a Buy rating on the stock.

KKR partner AV Air Finance is set to sign a $200 million aircraft finance deal with Vietnamese carrier VietJet. This agreement underscores KKR's continued involvement in the aviation finance sector and its commitment to expanding its global footprint.