Blackstone (BX) stock price rebounds after Sabre deal as jobs, CPI loom next week
Blackstone shares rose 2.25% to $129.69 Friday after agreeing to sell a majority stake in Sabre Industries to TPG in a deal valuing Sabre at $3.5 billion. The company’s $1.49 dividend record date is Feb. 9. Investors are watching U.S. jobs and inflation data due Feb. 11 and Feb. 13.