KKR & Co. Inc.’s Stock Price Plummets to $120.78, Witnessing a Sharp 9.19% Decline

KKR & Co. Inc. (KKR)

120.78 USD -12.23 (-9.19%) Volume: 16.96M

KKR & Co. Inc.’s stock price is currently standing at 120.78 USD, experiencing a significant drop of -9.19% this trading session with a high trading volume of 16.96M, reflecting the year-to-date percentage change of -18.34%, indicating a challenging market performance for the investment firm.

Latest developments on KKR & Co. Inc.

KKR & Co. has been making significant moves in the stock market recently, with announcements of multiple offerings and partnerships. The company aims to raise $1.5 billion through a 3-year convertible stock offering, as well as launching a strategic $1.5 billion convertible preferred stock offering. Additionally, KKR has formed new platforms with Ajax Health to develop systems for treating heart failure, partnering with Boston Scientific in a $4 billion venture. Despite these positive developments, KKR’s stock underperformed on Tuesday compared to its competitors. With various investments and acquisitions, including a stake in Charter Hall Group, KKR continues to make waves in the financial world.

A look at KKR & Co. Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

KKR & Co. Inc., an investment firm that manages various types of investments, has been assessed using Smartkarma Smart Scores. The scores indicate the company’s overall outlook in different areas such as value, dividend, growth, resilience, and momentum. While KKR & Co. received average scores in value and dividend, it scored higher in growth and resilience, indicating a positive long-term outlook in these areas. However, the company’s momentum score was lower, suggesting potential challenges in this aspect.

Despite facing some challenges in momentum, KKR & Co. Inc. shows promise in terms of growth and resilience based on the Smartkarma Smart Scores. As the company manages investments in private equity, energy, infrastructure, real estate, credit strategies, and hedge funds for clients worldwide, the higher scores in growth and resilience point towards a potentially stable and growing future for KKR & Co. investors to consider.

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