Blue Owl Capital (OWL) Stock Can’t Rocket Although Wellfleet Credit Partners Just Acquired

There are some stocks that are skipped by the public even though they have done great things recently. One of them is an asset management company, Blue Owl Capital (NYSE: OWL). So late after market hours, it announced an acquisition of a new company Wellfleet Credit Partners which focuses on managing syndicated leveraged loans. Traders couldn’t even read what was going on in news headlines as they were up to diving into the weekend.

OWL Stock Stops Gaining

OWL shares are currently trading above $10 and most probably are ready to soar on Monday. So watching the stock is the right decision to make considerations for investing in the long run. Maybe, Blue Owl is the next Berkshire Hathaway that could cost more than Bitcoin in 20 years.

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