Ares Management stock gaps down after Q2 earnings fall short of consensus

13 hours ago 1
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Ares Management (NYSE:ARES) stock retreated 4.6% in Friday morning trading after the alternative investment manager second-quarter earnings that fell short of the average analyst estimate, despite strong gross fundings and market gains buoying assets under management.

Q2 adjusted GAAP EPS of $1.03, trailing

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