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Stock impact report

Lazard Ltd. (LAZ) Benefitted from Momentum in the Advisory Business [Yahoo! Finance]

Lazard, Inc. (LAZ) 
Last lazard, inc. earnings: 4/30 06:49 am Check Earnings Report
US:NYSE Investor Relations: investor.shareholder.com/lazard
Company Research Source: Yahoo! Finance
A copy of the letter can be downloaded here . In the first quarter of 2024, US indexes continued to exceed expectations. This rally was fueled by excitement surrounding artificial intelligence (AI), robust corporate earnings growth, declining inflation, and expectations for interest rate cuts. In this backdrop, Ariel Small Cap Value Tax-Exempt Composite rose +3.97% gross of fees (+3.71% net of fees) and outperformed the +2.90% return of the Russell 2000 Value Index but fell short of the +5.18% gain of the growthier Russell 2000 Index. In addition, you can check the top 5 holdings of the fund to know its best picks in 2024. Ariel Small Cap Value Strategy highlighted stocks like Lazard, Inc. (NYSE: LAZ ), in the first quarter 2024 investor letter. Lazard, Inc. (NYSE:LAZ) is a financial advisory and asset management firm. Lazard, Inc.'s (NYSE:LAZ) one-month return was 1.05%, and its shares gained 28.46% of their value over the last 52 weeks. On June 5, 2024, Lazard, Inc. (NYSE:LAZ) sto Show less Read more
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