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flag Perella Weinberg Partners hits 52-week high amid strong 2024 profits and revenue growth.

flag Perella Weinberg Partners (PWP) reached a 52-week high, trading at $28.00 mid-day, though it closed at $25.31. flag Despite a slight miss on earnings, reporting $0.26 EPS versus the $0.28 estimate, PWP saw a significant Q4 2021 profit of $20.77 million, up from a $10.41 million loss in 2020. flag Shares rose over 9% in pre-market trading. flag Full-year 2024 revenue was $878 million, up 35% from 2023, on strong M&A and financing activities. flag The company ended the year with $407 million in cash and no debt. flag PWP's CEO and President sold a combined 743,468 shares recently.

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