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Shares of BlackRock Inc. (BLK) inched 0.03% higher to $696.51 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.42% to 4,122.47 and Dow Jones Industrial Average falling 0.18% to 32,774.41. This was the stock's second consecutive day of gains. BlackRock Inc. closed $276.65 below its 52-week high ($973.16), which the company reached on November 12th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Bank of America Corp. (BAC) rose 1.28% to $33.92, INVESCO Ltd. (IVZ) fell 1.38% to $17.85, and Affiliated Managers Group Inc. (AMG) fell 0.95% to $130.23. Trading volume (485,222) remained 314,107 below its 50-day average volume of 799,329.
Data source: Dow Jones Market Data, FactSet. Data compiled August 9, 2022.
(END) Dow Jones Newswires
August 09, 2022 16:40 ET (20:40 GMT)
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