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Why Sculptor Capital Stock Was Up 20.1% This Week

Dave Kovaleski, The Motley Fool
·3-min read
Why Sculptor Capital Stock Was Up 20.1% This Week

Sculptor Capital Management (NYSE: SCU) surged this week, as its stock price jumped 20.1% from last Friday's close through 12:30 p.m. ET today, according to S&P Global Market Intelligence. Overall, the markets had a positive week as the S&P 500 gained 1.4%, the Dow Jones Industrial Average was up 1.3%, and the Nasdaq Composite climbed 2% this week as of 12:30 p.m. ET on Friday. Sculptor Capital Management is an alternative asset manager, with a focus on real estate, credit, and multi-strategy investments.

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