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0 -0.000545851528384171 -0.00109170305676854 -0.000545851528384171 0.00109170305676854 0.00382096069868997 0.00545851528384287 0.00491266375545851
Stock impact report

Perella Weinberg (PWP) Stock Trades Up, Here Is Why [Yahoo! Finance]

Perella Weinberg Partners - Class A (PWP) 
Company Research Source: Yahoo! Finance
Shares of financial advisory firm Perella Weinberg Partners (NASDAQ:PWP) jumped 3.8% in the afternoon session after reports indicated the investment advisory firm was hired by British money manager Schroders to advise on a potential sale of its financial planning business, Benchmark Capital. Schroders, a major asset manager in the U.K., was reportedly exploring various options for its Benchmark Capital unit, including a possible sale, after receiving interest from private equity firms. The selection of Perella Weinberg Partners for this advisory role represented a significant new business engagement. Such roles typically involved substantial fees, which could positively affect the firm's revenue. The news signaled confidence in Perella Weinberg's expertise in handling large transactions, leading to a positive reaction from investors. Show less Read more
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