Blackstone Group Inc is trading 4.3% higher at $115.02 as investors refocus on the firm’s scale and platform strength following liquidity issues at a major competitor.
- Shares are rebounding from recent weakness after Swiss rival Partners Group gated withdrawals on a major fund, highlighting Blackstone's relative stability in the private-markets space.
- The upward move coincides with a broader market rotation into value and financials, even as major indices show mixed performance.