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Shares of BlackRock Inc. BLK rose 3.66% to $690.54 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 1.56% to 4,155.17 and the Dow Jones Industrial Average DJIA rising 1.29% to 32,812.50. BlackRock Inc. closed $282.62 below its 52-week high ($973.16), which the company reached on November 12th.
The stock outperformed some of its competitors Wednesday, as Bank of America Corp. BAC rose 1.82% to $33.64, INVESCO Ltd. IVZ rose 1.36% to $17.90, and Affiliated Managers Group Inc. AMG rose 2.76% to $131.86. Trading volume (901,213) eclipsed its 50-day average volume of 829,822.
Data source: Dow Jones Market Data, FactSet. Data compiled August 3, 2022.
(END) Dow Jones Newswires
August 03, 2022 16:40 ET (20:40 GMT)
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