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BX - Blackstone private equity triples it's profits
The Blackstone private equity group announces today on august 13th that it's profits have tripled due to it's fees and buyout profits. I've noticed that the blackstone equity group has opened it's initial public offerings sometime in mid june.
Take a look at this graph below and you'll see that this stock is immediately starting to turn around since this announcement. I would recommend keeping a close eye on this, it's a breaking development in a new private equity group and could be a nice one to invest in if this starts turning into a momentum play and breaks out. |
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