A selloff in Carlyle Group (Nasdaq: CG) shares seems to be a harbinger for the stock market’s cognitive dissonance. The firm beat its earnings per share expectations and raised its dividend by 30 percent, yet its stock tumbled in late afternoon trading by over 6 percent. The company’s earnings show a thriving PE firm, even if markets fail to reward its performance. “I think the price move is interesting,” said Piper Sandler analyst Sumeet Mody.
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