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Shares of BlackRock Inc. BLK sank 0.78% to $666.16 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX falling 0.67% to 4,091.19 and Dow Jones Industrial Average DJIA falling 1.23% to 32,396.17. The stock's fall snapped a four-day winning streak. BlackRock Inc. closed $307.00 below its 52-week high ($973.16), which the company reached on November 12th.
Despite its losses, the stock outperformed some of its competitors Tuesday, as Bank of America Corp. BAC fell 1.99% to $33.04, INVESCO Ltd. IVZ fell 2.16% to $17.66, and Affiliated Managers Group Inc. AMG fell 0.92% to $128.32.true Trading volume (711,490) remained 130,122 below its 50-day average volume of 841,612.
Data source: Dow Jones Market Data, FactSet. Data compiled August 2, 2022.
(END) Dow Jones Newswires
August 02, 2022 16:41 ET (20:41 GMT)
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