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Fortress Investment Group Llc (FIG) [hlAlert]

Rating:
Buy FIG
down 74.22 %

Fortress Investment Group Llc (FIG) rated Buy

Posted on: Monday,  Jun 25, 2007  9:25 AM ET by Banc of America Sec

Banc of America Sec rated Buy Fortress Investment Group Llc (NYSE: FIG) on 06/25/2007, when the stock price was $24.25.
Since then, Fortress Investment Group Llc has lost 74.23% as of 01/15/2016's recent price of $6.25.
If you would have followed this Banc of America Sec's recommendation on FIG, you would have lost 74.22% of your investment in 3126 days.

Fortress Investment Group LLC (Fortress) is a global alternative asset manager that raises, invests and manages private equity funds and hedge funds. Fortress earns management fees based on the size of its funds, incentive income based on the performance of the Company's funds, and investment income from its principal investments in those funds. Its offering of alternative investment products includes private equity funds and hedge funds. The Company refers to these investment products, collectively, as the Fortress Funds. As of December 31, 2008, the Company managed alternative assets in two core businesses: private equity funds and hedge funds.

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Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/25/2007 9:25 AM Buy
None
24.25 36.00
as of 8/27/2015
1 Week up  5.21 %
1 Month down  -18.08 %
3 Months down  -23.21 %
1 YTD down  -26.98 %

(*) Stock Price at the time of the recommendation.
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