Shares of BlackRock fell 2.83% to $757.67 at 10:57 EST on Thursday, after five consecutive sessions in a row of gains. NYSE Composite is jumping 0.74% to $15,094.84, following last session’s downward trend, This seems, as yet, a somewhat positive trend trading session today.
BlackRock’s last close was $779.75, 4.00% under its 52-week high of $788.00.
News about BlackRock today
BlackRock stock heads toward another record after profit, revenue rise above expectations. According to today’s article on MarketWatch, "Shares of BlackRock Inc. rose 1.8% in premarket trading Thursday, putting them on track for a seventh-straight record close, after the asset manager, with $8.7 trillion in assets under management, reported fourth-quarter profit and revenue that rose above expectations. "
BlackRock assets hit record $8.7 trillion as money pours in. According to today’s article on Bloomberg Quint, "Investors added a net $116.2 billion to the firm’s long-term investments such as mutual funds and exchange-traded funds, BlackRock said Thursday.", "The new record was 11% higher than the $7.81 trillion BlackRock reported at the end of September. "
BlackRock’s sales growth is 8.1% for the current quarter and 14.2% for the next. The company’s growth estimates for the current quarter and the next is 9.6% and 27.9%, respectively.
Year-on-year quarterly revenue growth grew by 18.3%, now sitting on 15.7B for the twelve trailing months.
BlackRock’s last day, last week, and last month’s average volatility was 0.26%, 1.19%, and 0.55%, respectively.
BlackRock’s last day, last week, and last month’s high and low average amplitude percentage was 1.47%, 1.83%, and 1.98%, respectively.
BlackRock’s Stock Yearly Top and Bottom Value
BlackRock’s stock is valued at $757.67 at 10:57 EST, under its 52-week high of $788.00 and way higher than its 52-week low of $323.98.
BlackRock’s Moving Average
BlackRock’s value is above its 50-day moving average of $715.61 and way higher than its 200-day moving average of $623.38.
Previous days news about BlackRock
BlackRock pauses political donations after riot at capitol. According to Bloomberg Quint on Monday, 11 January, "In light of the horrific events in the nation’s capital, BlackRock has decided to pause any further donations to campaigns of public officials from the BlackRock PAC, while we conduct a thorough review of the events and evaluate how we will focus our political activity going forward," Fulton said in the memo, which was viewed by Bloomberg News."
BlackRock is selling stakes in sanctioned Chinese mobile firms. According to Bloomberg Quint on Monday, 11 January, "One of the biggest outside shareholders in the companies, BlackRock is responding to the executive order issued by President Donald Trump in November barring investments in companies deemed to be owned or controlled by China’s military."
Capital group plans push into ETF market with BlackRock hire. According to Bloomberg Quint on Wednesday, 13 January, "Capital Group is gearing up to launch a slate of actively managed exchange-traded funds and hiring a former BlackRock Inc. executive to lead the way."