BlackRock Inc. stock underperforms Thursday when compared to competitors

BlackRock Inc. stock underperforms Thursday when compared to competitors

Shares of BlackRock Inc. BLK, -2.08% slipped 2.08% to $808.80 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX, -0.29% falling 0.29% to 5,150.48 and Dow Jones Industrial Average DJIA, -0.35% falling 0.35% to 38,905.66.

This was the stock’s second consecutive day of losses.

BlackRock Inc. closed $36.20 below its 52-week high ($845.00), which the company achieved on March 8th.

The stock underperformed when compared to some of its competitors Thursday, as JPMorgan Chase & Co. JPM, -1.78% fell 1.78% to $187.97, Wells Fargo & Co. WFC, -0.78% fell 0.78% to $57.37, and Morgan Stanley MS, -0.28% fell 0.28% to $89.10.

Trading volume (851,636) eclipsed its 50-day average volume of 589,364.

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