The Blackstone Group (BX) Down 5%

Shares of The Blackstone Group (NYSE: BX) closed Monday trading down 5.15% at $10.50 per share.

Volume of 4.9 million shares was slightly higher than the daily average volume of nearly 4.6 million shares.

Shares of The Blackstone Group had a trading range of $10.47 to $10.98 per share.

Goldman Sachs Group analysts Richard Ramsden, Brian Foran, Daniel Harris and Jessica Binder Graham removed The Blackstone Group from their Conviction Buy List.

However, the analysts maintained their Buy rating for the stock and said they saw upside of 45% for the stock.