Why Perella Weinberg (PWP) Shares Are Sliding Today

Core Insights - Perella Weinberg Partners reported disappointing third-quarter 2025 financial results, with shares falling 8% after the announcement [1][2] - Revenue for the quarter was $164.6 million, significantly lower than the $179.8 million forecasted by analysts, indicating a decline likely due to fewer completed M&A deals [2] - Adjusted earnings per share were $0.13, below the consensus estimate of $0.15, reflecting a challenging quarter for the firm [2] Market Reaction - The shares closed at $18.02, down 4.5% from the previous close, and have experienced volatility with 19 moves greater than 5% over the past year [3][4] - The market's reaction suggests that while the news is significant, it does not fundamentally alter the perception of the business [4] Year-to-Date Performance - Perella Weinberg's stock is down 23.5% since the beginning of the year and is trading 31.8% below its 52-week high of $26.41 from January 2025 [6]