10 Firms Fall Amid Disappointing Earnings Performance

5. KKR & Co. Inc. (NYSE:KKR)

Investment firm KKR & Co.’s share prices tumbled by 8.53 percent on Tuesday to end at $149.30 apiece after fourth-quarter assets under management fell short of expectations, dampening sentiment over its capital markets business.

According to a report, KKR’s assets under management (AUM) jumped 15 percent to $638 billion, but missed analysts’ projections of $643.4 billion.

The results underscored the challenges of navigating higher growth expectations even with the anticipated business-friendly regulatory environment under the Trump administration improving the outlook for deals and exits.

According to an analyst, KKR & Co. may see a pullback given that it has been the best performer among its peers over the past year.