GCM Grosvenor Stock Holds at $10.56 Ahead of Holiday Week
GCM Grosvenor closed Friday at $10.56, off 0.85%, as the alternative-asset manager slipped heading into the Memorial Day weekend. Shares traded from $10.54 to $10.75 before ending 0.8% under last week’s Friday finish. This is relevant now since there's no session on Monday to unwind the trade. Nasdaq says U.S. equity markets will be shut on May 25 for Memorial Day, with trading resuming Tuesday.