Shares of Lazard, Inc. (LAZ) edged lower after the company reported preliminary assets under management (AUM) for May 2026.
The stock is currently trading at $46.30, down $1.00 or 2.11%, on the NYSE. It opened at $43.88 after closing the previous session at $47.30. The stock has traded between $38.67 and $58.75 over the past 52 weeks.
Lazard reported preliminary AUM of $284.8 billion as of May 31, 2026, up from $275.4 billion at the end of April.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.