New York, NY – KKR & Co. Inc. (KKR), a leading global private equity firm, saw its shares surge 3.72% to $124.25 in early trading on Wednesday, propelling the company’s market value to approximately $110 billion.
This significant increase in share price and market value can be attributed to the company’s strong financial performance and strategic investments. KKR’s diversified portfolio and expertise in private equity, real assets, and credit have positioned the firm for continued growth and success.
KKR’s shares have consistently demonstrated resilience and growth potential, making it an attractive investment opportunity for shareholders. As the company continues to navigate the complex global market landscape, its strategic vision and leadership are expected to drive further success.
Market Data:
– Current Share Price: $124.25
– Market Value: Approximately $110 billion
– Share Price Change: 3.72% increase in early trading on Wednesday
Current Price: The current price of KKR shares is $123.45.
Price Change: The price of KKR shares has changed by $3.46 or 2.8836% from the previous day’s closing price.
High Price of the Day: The high price of KKR shares today is $128.72.
Low Price of the Day: The low price of KKR shares today is $123.02.
Open Price of the Day: The open price of KKR shares today is $125.96.
Previous Close Price: The previous close price of KKR shares is $119.99.
Adjusted Net Income: KKR’s adjusted net income rose to $972 million from $653 million a year earlier.
-Mangement Fes: KKR reported management fees of $847 million for the quarter.
– Net Transaction and Monitoring Fees: Net transaction and monitoring fees totaled $223 million.
– Capital Markets Activities: Capital markets activities contributed $192 million to revenues.
– Private Equity Portfolio: KKR’s private equity portfolio appreciated by 4% in the second quarter.
: Opportunistic real estate funds rose 1% in the second quarter.
– Leveraged Credit Funds: Leveraged credit funds rose by 2% in the second quarter.
