Blackstone (BX) Stock Falls 5% After Trump Announces Ban on Institutional Home Buyers

TLDR Blackstone stock fell 5.6% on Wednesday after Trump’s institutional investor ban announcement Trump plans to ban large investors from buying single-family homes through congressional legislation Single-family rental stocks Invitation Homes dropped 6% and American Homes 4 Rent declined 4.3% Blackstone says single-family homes represent only 2% of its real estate portfolio Analyst suggests stock [...]

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