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Labor Day
Federal holiday in the United States
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Blue Owl Capital (1) Β· TD Cowen (1) Β· buy rating (1) Β· stock volatility (1) Β· Labor Day (1) Β· investment analysis (1) Β· market outlook (1)
π Key Information
Labor Day is a federal holiday in the United States celebrated on the first Monday of September to honor and recognize the American labor movement and the works and contributions of laborers to the development and achievements in the United States.
Beginning in the late 19th century, as the trade union and labor movements grew, trade unionists proposed that a day be set aside to celebrate labor. "Labor Day" was promoted by the Central Labor Union and the Knights of Labor, which organized the first parade in New York City.
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πΊπΈ Blue Owl Capital still a buy but will remain choppy through Labor Day, TD Cowen says
TD Cowen reiterated a buy rating on Blue Owl Capital, while lowering its 12-month price target to $14 from $16, according to a report out Monday....
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