|Bid||84.88 x 900|
|Ask||85.10 x 800|
|Day's Range||80.44 - 85.46|
|52 Week Range||79.55 - 141.48|
|Beta (5Y Monthly)||1.43|
|PE Ratio (TTM)||24.12|
|Earnings Date||Jan 25, 2023 - Jan 30, 2023|
|Forward Dividend & Yield||4.94 (5.60%)|
|Ex-Dividend Date||Oct 28, 2022|
|1y Target Est||103.30|
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Blackstone Inc. (BX) closed at $85.16 in the latest trading session, marking a +0.14% move from the prior day.
LONDON (Reuters) -While there has been little wider fallout from this week's surge in redemption requests at an unlisted Blackstone real estate income trust (REIT), it is being read by some as a warning sign. Blackstone limited withdrawals from its $69 billion unlisted REIT on Thursday after redemption requests hit pre-set limits amid investor concerns it was slow to adjust valuations as interest rates surged, a source close to the fund said. The development is yet another reminder of the risks facing not just sectors that are sensitive to higher interest rates but also broader financial markets, which have rallied sharply on hopes that interest rate hikes will slow.
Shares of Blackstone are down another 3.7% after closing down 7% Thursday in one of the worst days for the stock's performance since June. + Investors are reacting to a move by BREIT, Blackstone's massive real-estate fund aimed at individual investors, [to limit redemptions](https://www.wsj.com/articles/blackstone-limits-redemptions-from-real-estate-vehicle-stock-sinks-11669920880) after withdrawal requests exceeded internal thresholds. + There have also been questions about whether BREIT will h