Blackstone shares are trading lower. The company announced it reached an agreement to sell Turtle Bay Resorts.
Portfolio Pulse from Benzinga Newsdesk
Blackstone shares are trading lower following the announcement that the company has reached an agreement to sell Turtle Bay Resorts.
May 29, 2024 | 2:29 pm
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NEGATIVE IMPACT
Blackstone shares are experiencing a decline after the company announced the sale of Turtle Bay Resorts.
The sale of Turtle Bay Resorts may be perceived negatively by investors, leading to a short-term decline in Blackstone's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100