Thu, Apr 17, 2014, 12:14 AM EDT - U.S. Markets open in 9 hrs 16 mins

Recent

% | $
Quotes you view appear here for quick access.

The Blackstone Group L.P. Message Board

  • jlgilkeson jlgilkeson Aug 7, 2013 4:54 PM Flag

    Volume spike at close

    8 million + shares trade in last 20 minutes...Wonder what was behind that spike. Any ideas out there ?

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • It due to derivatives, someone or an institution or hedge fund, agreed to buy or sell more than 5,000,000 shares a few weeks or months ago and also paid fees. It is similar to put or call option, but not on the exchange. This is done to protect your portfolio.

      Generally this clears the over hand and uncertainty in a few days.

      After Hours Time …….PriceAfter Hours ……..Share Volume

      At 3:59…………………. $ 22.73 …………..6,238,401

      Wednesday, August 07, 2013

      BX

      After Hours Time …….PriceAfter Hours ……..Share Volume

      16:05 …………………. $ 22.76 …………..1,000,000

      KKR

      16:47 ……………….. $ 20.20………………6,000,000

      A derivative is a financial instrument which derives its value from the value of underlying entities such as an asset, index, or interest rate—it has no intrinsic value in itself.[1] Derivative transactions include a variety of financial contracts, including structured debt obligations and deposits, swaps, futures, options, caps, floors, collars, forwards, and various combinations of these.[

      News

      Hilton selects banks to lead initial public offering-sources
      Reuters – 5:32 PM ET 08/07/2013
      Blackstone Group LP (BX

      BX has selected banks to lead an initial public offering of Hilton Worldwide Inc as it prepares to bring one of the largest leveraged buyouts back to the stock market, three people familiar with the matter said on Wednesday. The IPO is expected to come in the first half of 2014, two of the people said.

      Sincerely,

      Carolyn Novice

 
BX
30.94+0.74(+2.45%)Apr 16 4:02 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.