Blackstone Stock Falls 14% YTD: Buying Opportunity or Warning Sign?

Blackstone (BX) , one of the world’s largest alternative asset managers, has faced growing investor skepticism in recent months. The stock has declined 14% year to date, significantly underperforming the S&P 500’s modest 0.4% fall. Additionally, BX’s close peers – KKR & Co. Inc. (KKR) and Apollo Global Management, Inc. (APO) – have fared slightly better in the same time frame.BX’s YTD Price Performance Image Source: Zacks Investment ResearchAmid this underwhelming performance, the key question arises: is Bl ...