Tuesday, June 26, 2007

Blackstone units fall below $31 IPO price

(Reuters) - The units traded as low as $30.36, down 6.4 percent, after losing nearly 8 percent on Monday. They jumped 13 percent in their market debut on Friday.




Analysts said the second-day decline was partly tied to investor concern that the private equity market may have run out of steam.


Read more at Reuters.com Business News

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