Blackstone Inc (NYSE: BX) reported lower Q1 FY24 results with adjusted revenues of $2.55B, beating consensus. Distributable earnings rose 1% and AUM increased by 7%.
It’s a lackluster trading session on Wall Street, with the main indices experiencing slight declines as traders adopt a cautious stance ahead of a data-heavy week.
Shares of Agenus Inc. (NASDAQ: AGEN) fell sharply during Monday’s session.
Agenus disclosed a 1-for-20 reverse stock split of common stock.
Agenus Inc. (NASDAQ: AGEN) declined 17% to $0.4181 on Monday.
Companies Reporting Before The Bell
• Ares Management (NYSE:ARES) is expected to report quarterly earnings at $1.09 per share on revenue of $864.54 million.