Is Blackstone Stock Underperforming the Dow?

New York-based Blackstone Inc. (BX) is an alternative asset management firm specializing in private equity, real estate, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies. Valued at $87.1 billion by market cap, the company typically invests in early-stage, seed, middle market, mature, late venture and later stage companies, and also provides capital markets services.

Companies worth $10 billion or more are generally described as “large-cap stocks,” and BX definitely fits that description, with its market cap exceeding this threshold, reflecting its substantial size, influence, and dominance in the asset management industry.