Overview
Check out the companies making the biggest moves midday:
Financials — The financials sector of the S&P 500 slid more than 3% in midday trading, the worst performer in the broad market. Alternative asset managers KKR and Blackstone slid roughly 9% and 7%, respectively, after activist hedge fund Saba Capital Management and Cox Capital Partners said they plan tender offers to buy stakes in a trio of Blue Owl credit funds. Blue Owl shares were last off more than 5%. American Express dropped more than 7%, and Goldman Sachs fell nearly 4%.
Source: https://www.cnbc.com/2026/02/23/stocks-making-the-biggest-moves-midday-kkr-bx-crwd-ip-.html