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Shares of BlackRock Inc. BLK slumped 0.89% to $633.64 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX falling 0.93% to 3,961.63 and Dow Jones Industrial Average DJIA falling 0.43% to 31,899.29. The stock's fall snapped a three-day winning streak. BlackRock Inc. closed $339.52 below its 52-week high ($973.16), which the company achieved on November 12th.
The stock underperformed when compared to some of its competitors Friday, as Bank of America Corp. BAC fell 0.65% to $33.43, INVESCO Ltd. IVZ fell 0.41% to $17.11, and Affiliated Managers Group Inc. AMG fell 0.71% to $120.71. Trading volume (511,813) remained 449,895 below its 50-day average volume of 961,708.
Data source: Dow Jones Market Data, FactSet. Data compiled July 22, 2022.
(END) Dow Jones Newswires
July 22, 2022 16:40 ET (20:40 GMT)
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