Brookfield Corporation (BN) stock surged +2.25%, trading at $47.17 on NYSE, up from the previous close of $46.13. The stock opened at $46.57, fluctuating between $46.36 and $47.67 in the recent session.
Brookfield Corporation is an alternative asset manager and REIT/Real Estate Investment Manager firm focuses on real estate, renewable power, infrastructure and venture capital and private equity assets. It manages a range of public and private investment products and services for institutional and retail clients. It typically makes investments in sizeable, premier assets across geographies and asset classes. It invests both its own capital as well as capital from other investors. Within private equity and venture capital, it focuses on acquisition, early ventures, control buyouts and financially distressed, buyouts and corporate carve-outs, recapitalizations, convertible, senior and mezzanine financings, operational and capital structure restructuring, strategic re-direction, turnaround, and under-performing midmarket companies. It invests in both public debt and equity markets. It invests in private equity sectors with focus on Business Services include infrastructure, healthcare, road fuel distribution and marketing, construction and real estate; Industrials include manufacturers of automotive batteries, graphite electrodes, returnable plastic packaging, and sanitation management and development; and Residential/ infrastructure services. It targets companies which likely possess underlying real assets, primarily in sectors such as industrial products, building materials, metals, mining, homebuilding, oil and gas, paper and packaging, manufacturing and forest product sectors. It invests globally with focus on North America including Brazil, the United States, Canada; Europe; and Australia; and Asia-Pacific. The firm considers equity investments in the range of $2 million to $500 million. It has a four-year investment period and a 10-year term with two one-year extensions. The firm prefers to take minority stake and majority stake. Brookfield Corporation was founded in 1997 and based in Toronto, Canada with additional offices across Northern America; South America; Europe; Middle East and Asia.
Employees | 240000 |
Beta | 1.743 |
Sales or Revenue | $104.30B |
5Y Sales Change% | 0.693% |
Fiscal Year Ends | December |
Sector | Financial Services |
Industry | Asset Management |
Brookfield Corporation (NYSE: BN) stock price is $47.17 in the last trading session. During the trading session, BN stock reached the peak price of $47.67 while $46.36 was the lowest point it dropped to. The percentage change in BN stock occurred in the recent session was 2.25% while the dollar amount for the price change in BN stock was $1.04.
The NYSE listed BN is part of Asset Management industry that operates in the broader Financial Services sector. Brookfield Corporation designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.
No Data
BN's closing price is 63.56% higher than its 52-week low of $28.84 where as its distance from 52-week high of $50.46 is -6.52%.
Number of BN employees currently stands at 240,000.
Official Website of BN is: https://www.brookfield.com
BN could be contacted at phone 416 363 9491 and can also be accessed through its website. BN operates from Brookfield Place, Toronto, ON M5J 2T3, Canada.
BN stock volume for the day was 1.68M shares. The average number of BN shares traded daily for last 3 months was 3.76M.
The market value of BN currently stands at $71.12B with its latest stock price at $47.17 and 1.51B of its shares outstanding.
© 2024 Stocks Telegraph All rights reserved.
Most stock quote data provided by financialmodelingprep.com