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Concerns Over Blackstone’s Big Retail Real Estate Fund Weigh on Its Stock – Barron’s

Investor concerns about Blackstone’s big retail real estate fund have weighed on its stock in recent months and comments by management this week didn’t appear to help.

Although Blackstone (ticker: BX) reported an earnings beat Thursday, its shares dropped 4.2% after the report before rebounding Friday to finish up 1.7% at $85.43. The stock is off more than 40% from its November 2021 peak of about $150.

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