1,028.00
0.32%
3.33
After Hours:
1028.00
Overview
News
Price History
Option Chain
Financials
Why BLK Down?
Discussions
Forecast
Dividend History
Why is Blackrock Inc (BLK) Stock down?
13 Oct, 2023:
BlackRock, Inc. Stock (BLK) dropped by 1.34% from $636.17 to $627.66 in the trading on Friday October 13, 2023. The reason why BLK stock down today is due to a drop in net inflows last quarter. BlackRock Inc. clients pulled a net $13 billion from long-term investment funds, the first outflows since the onset of the pandemic in 2020. The redemptions are a sign that investors have preferred to keep cash on hand in money-market funds or in certain bond strategies while interest rates remain elevated.
Open in Yahoo
|
Open in Google
|
Open in Finviz
|
Open in MarketWatch
|
Open in EDGAR
|
Open in Reuters
Cap:
|
Volume (24h):