Blue Owl shares climb almost 5% amid steady private-credit demand
Blue Owl Capital shares jumped nearly 5% Thursday to $10.20 on heavy volume, outpacing peers as investors weighed ongoing private-credit concerns. The stock remains down about 50% this year amid worries over software-sector exposure and retail fund outflows. Blue Owl reported $315 billion in assets under management as of March 31 and declared a 23-cent dividend. Major indexes closed slightly higher.