Shares of Carlyle Group (NASDAQ:CG) dropped 5.7% after reporting Q3 results with revenue missing estimates by 20.7% at $782.5 million, fee-related earnings also slightly below expectations at $311.9 million. AUM grew 5.9% to $474 billion, surpassing estimates by 6%. The stock closed at $53.31, down 5.8% from previous close. The market sees this news as significant but not game-changing, as Carlyle has had 13 moves >5% in the past year. Carlyle’s stock is up 5.1% YTD, still 23.1% below its 52-week high. Investors from 5 years ago would see $1,000 in stock now worth $2,100.

Read more at StockStory.org – Barchart: Why Carlyle (CG) Shares Are Falling Today