Blue Owl Lower, Globalstar Rises, Tesla Slides
Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Shares of Blue Owl Capital (OWL) are moving lower after Blue Owl Credit Income Corp. disclosed a letter sent to its shareholders announcing redemptions in two of its private credit funds will be limited. Blue Owl said it will cap redemptions in its private-credit and technology-focused funds at 5% after receiving withdrawal requests totaling 21.9% in the former and 40.7% in the latter fund. Shares of Blue Owl Capital are down 7%, or 59c, to $8.13 in morning trading. - Globalstar (GSAT) shares rose in…
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