Shares of BlackRock Inc.
BLK,
slid 1.20% to $687.41 on Wednesday, in what turned out to be a poor overall trading session for the stock market, along with the S&P 500 Index
SPX,
down 0.16% to 3,991.05 and Dow Jones Industrial Average
DJIA,
down 0.26% to 33,045.09. It was the second consecutive day of losses for the title. BlackRock Inc. closed $101.24 lower than its 52-week high ($788.65), which the company hit on April 4.
The stock underperformed some of its peers on Wednesday, such as JPMorgan Chase & Co.
JPM,
fell 0.77% to $138.56, Wells Fargo & Co.
WFC,
fell 0.50% to $46.01, and Morgan Stanley
SP,
fell 0.36% to $97.27. Trading volume (896,380) eclipsed its 50-day average volume of 691,407.
Editor’s Note: This story was auto-generated by Automated previewsan automation technology provider, using data from Dow Jones and FactSet. See our Market Data Terms of Use.