alt Hacker NewsThe tweet says blackstone. Thats a separate firm from blackrock. And the tweets misleading in the first place, it's looking at the bottom of a candle which wasn't even the current price at the time of the photograph? And the stock closed at about 154.
Besides all this says is that it matters for blackstone...not for the housing market at large.
Ohhhh, sorry for my typo...
> Besides all this says is that it matters for blackstone...not for the housing market at large.
It means that blackstone cares about this, which means they like buying houses, which means it matters.
And the stock dropped 6% today. That is what matters.