Shares of Brookfield Asset Management Ltd. (BAM) dropped nearly 5% on Wednesday morning after it announced a new Canadian industrial real estate joint venture with Concert Properties Ltd.
The stock is currently trading at $45.55, down $2.20 or 4.61%, on the NYSE. It opened at $46.65 after closing the previous session at $47.75. The stock has traded between $42.20 and $64.10 over the past 52 weeks.
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.