KKR Financial shares tumble after downgrade
Market Watch (Free subscription) | 6 hours ago
BOSTON (MarketWatch) -- Shares of KKR Financial Holdings LLC lost more than 20% on Monday morning and were one of the steepest percentage decliners on the New York Stock Exchange. J.P. Morgan analysts on Monday cut their ratings on KKR Financial shares to neutral from overweight. The analysts in a research note cited limited growth prospects for the company amid a worsening economic...
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