TradingKey – KKR & Co. (NYSE: KKR) is currently trading around $107 and is off roughly 21% year to date, despite being in the midst of one of its biggest deal-making years of the company’s history.
Shares recently traded between $106.91 and $110.51, with volume below the stock’s average. The stock remains within a 52-week range of $82.67 to $152.10.
The decrease is noteworthy in the context of KKR’s core business’s solid performance. The company just reported record quarterly profits, is closing a record infrastructure fund and is simultaneously looking to make two multibillion-dollar deals.
$9 Billion UGI Bid Highlights KKR’s Power Infrastructure Push
KKR’s largest deal of the month is its unsolicited bid of about $9 billion for UGI…
