Ares Management L.P. (symbol: ARES) was one of the biggest winners of the
trading day today (2016-06-29), gaining 11.18%. The number of shares that
changed hands was 54,060, or about 1.6 times the average daily volume in
the stock.
The closing price was $13.62, amounting to a market cap of $2,920,000,000,
about -32.34% off the highest price in the last 12 months. The stock has
been trading at a range between $10.72 and $20.13.
ARES is in the Investment Managers industry, part of the Finance sector. It
first went public in 2014.
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