Friday, July 27, 2007

Blackstone shares drop as much as 7 percent

(Reuters) - Its shares were down another 7 percent on Thursday, before staging a late-day rally, ending slightly higher. The firm's stock fell 4.8 percent on Friday afternoon to $24.44.



Blackstone raised more than $4 billion through its IPO, most of which went to paying out top partners.


Read more at Reuters.com Hot Stocks News

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