Perella Weinberg shares fall as hot April CPI lifts Treasury yields

Perella Weinberg Partners shares fell 4.6% in afternoon trading on May 16, 2026, after April CPI rose 3.8% from a year earlier, pushing the 10-year Treasury yield to 4.43% and pressuring sentiment toward investment banks. Higher rates can weigh on leveraged buyout financing and reduce IPO valuations for high-growth issuers, creating a headwind for advisory and underwriting revenue. That offsets a stronger first-quarter backdrop for investment banking, including higher year-over-year investment banking revenue at Goldman Sachs and increased U.S. IPO deal count. Perella Weinberg shares were flat for 2026 at $17.48, trading 28.2% below their 52-week high of $24.34 reached in February 2026. The stock has been volatile, with 21 moves of more than 5% over the past year. Six months earlier, shares fell 8% after third-quarter 2025 revenue dropped 40.8% year over year to $164.6 million, below analyst estimates of $179.8 million, while adjusted EPS of $0.13 missed the $0.15 consensus.