Updated
Updated · MarketWatch · May 8
BlackRock stock rises 1.60% and outperforms competitors
Updated
Updated · MarketWatch · May 8

BlackRock stock rises 1.60% and outperforms competitors

12 articles · Updated · MarketWatch · May 8
  • Shares closed at $1,084.83 on Friday as the S&P 500 gained 0.84% to 7,398.93 and the Dow Jones Industrial Average edged up 0.02% to 49,609.16.
  • BlackRock outpaced JPMorgan, which fell 1.36%, Wells Fargo, down 3.90%, and Morgan Stanley, which rose 1.54%.
  • The stock remains 11.08% below its 52-week high of $1,219.94 reached on 15 October, while trading volume of 489,801 stayed well below its 50-day average.
With BlackRock's outlook so bright, why are its top executives selling off nearly $100 million in personal shares?
Is BlackRock becoming an untouchable tech giant more than just the world's largest asset manager?
Can BlackRock's massive bet on Bitcoin and private markets truly future-proof it against the next major market crash?