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Shares of BlackRock Inc. BLK rose 3.27% to $643.32 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 2.62% to 4,023.61 and the Dow Jones Industrial Average DJIA rising 1.37% to 32,197.59. BlackRock Inc. closed $329.84 short of its 52-week high ($973.16), which the company achieved on November 12th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Bank of America Corp. BAC rose 1.63% to $33.59, INVESCO Ltd. IVZ fell 0.60% to $16.67, and Affiliated Managers Group Inc. AMG rose 3.77% to $123.43. Trading volume (465,904) remained 456,107 below its 50-day average volume of 922,011.
Data source: Dow Jones Market Data, FactSet. Data compiled July 27, 2022.
(END) Dow Jones Newswires
July 27, 2022 16:40 ET (20:40 GMT)
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