EQT Cashes Out in $3.5 Billion Deal
Portfolio Pulse from
EQT Corp (NASDAQ:EQT) has completed a $3.5 billion cash deal to close its joint venture with Blackstone. Despite this, EQT's stock is down 0.7% to $46.26, reversing pre-market gains.

December 31, 2024 | 3:30 pm
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EQT Corp has completed a $3.5 billion cash deal with Blackstone, but its stock is down 0.7% despite pre-market gains.
EQT's stock is down 0.7% despite completing a significant $3.5 billion cash deal with Blackstone. This suggests that the market may have already priced in the deal or there are other factors affecting the stock negatively.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100