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StockNews.com
StockNews.com
Business
Pragya Pandey

Down 25% YTD, is KKR & Co. Stock a Buy?

New York City’s KKR & Co. (KKR) is a multinational investment firm that specializes in alternative asset management, capital markets, and insurance. KKR manages hedge funds and sponsors investment funds that invest in private equity, credit, and real estate.

The company's shares are down 24.4% in price year-to-date and 6.3% over the past three months to close yesterday's trading session at $56.35. In addition, the stock is currently trading 32.8% below its 52-week high of $83.90, which it hit on Nov.4, 2021.

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