Blackstone Trading Volume Drops 35.71% Ranking 319th Amid Energy Acquisition Talks

Generated by AI AgentAinvest Market Brief
Wednesday, May 14, 2025 8:00 pm ET1min read

On May 14, 2025,

(BX) saw a trading volume of $334 million, a 35.71% decrease from the previous day, ranking 319th in the day's stock market activity. The stock price of Blackstone (BX) fell by 0.12%, marking the second consecutive day of decline, with a total decrease of 0.39% over the past two days.

Blackstone is reportedly in discussions to acquire TXNMEnergy, a move that underscores the company's strategic expansion into the energy sector. This potential acquisition could significantly impact Blackstone's portfolio and market position.

In addition to its acquisition plans, Blackstone is also seeking to raise at least $5.6 billion for its third GP stakes fund, matching the size of its 2021 predecessor. This fundraising effort highlights Blackstone's continued focus on growing its investment capabilities and expanding its reach in the market.

Analysts have given Blackstone an average rating of overweight, with a mean price target of $143.26. This positive outlook reflects the market's confidence in Blackstone's strategic initiatives and its ability to deliver strong returns for investors.

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