Richard Drury Blackstone Stock Underperformed Blackstone Inc. (NYSE:BX) investors have underperformed the S&P 500 (SPX) (SPY) since BX stock staged a remarkable surge toward its December 2023 highs. While I didn't assess bearish signals on Blackstone stock's fundamental thesis and technical price action, I urged investors to be wary about chasing it further. Accordingly, I downgraded BX stock to a Hold in December 2023 and reiterated my caution on BX in early March 2024. My concerns about BX have panned ...