Shares of BlackRock Inc. BLK, -0.72% dropped 0.72% to $653.22 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +0.18% rising 0.18% to 4,365.98 and the Dow Jones Industrial Average DJIA, +0.10% rising 0.10% to 34,095.86.
The stock’s fall snapped a five-day winning streak.
BlackRock Inc. closed $132.43 short of its 52-week high ($785.65), which the company achieved on November 11th.
The stock underperformed when compared to some of its competitors Monday, as JPMorgan Chase & Co. JPM, +0.76% rose 0.76% to $144.08, Wells Fargo & Co. WFC, -0.67% fell 0.67% to $41.34, and Morgan Stanley MS, -0.45% fell 0.45% to $75.92.
Trading volume (469,335) remained 168,531 below its 50-day average volume of 637,866.