KKR stock slides as private-credit fears flare; investors eye March 11 CFO webcast
KKR shares fell 6.3% to $87.68 Friday, following a 3.1% drop Thursday, after FS KKR Capital cut its dividend and reported more troubled loans. Trading volume reached about 21.85 million shares. The KBW Bank Index slid 4.9% amid broader credit concerns. KKR filed its annual report and will present at an investor conference March 11.
