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Carlyle Group Trading Volume Surges 119% to $24.5 Million, Ranks 407th in Daily Market Turnover
Generated by AI AgentAinvest Market Brief
Thursday, May 15, 2025 8:00 pm ET1min read
The
Inc. (CG) saw a significant surge in trading volume on May 15, 2025, with a turnover of $24.5 million, marking an 119.12% increase from the previous day. This substantial rise in trading activity placed at the 407th position in the daily stock market rankings.On Friday,
reported its first-quarter net income, amounting to $130 million. The Washington-based company disclosed that this translates to earnings of 35 cents per share.Keefe, Bruyette & Woods has adjusted its price target for The Carlyle Group, raising it from $43.00 to $45.00. The firm maintained a "market perform" rating for the company in its latest research report.
Carlyle Group is in the process of arranging a $1.2 billion syndicated loan. This financial maneuver is aimed at repaying existing debt incurred from its acquisition of Hexaware Technologies.
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