Shares of BlackRock Inc. BLK, -1.47% slid 1.47% to $661.53 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX, -1.12% falling 1.12% to 4,145.58 and Dow Jones Industrial Average DJIA, -0.69% falling 0.69% to 33,055.51.
BlackRock Inc. closed $124.12 below its 52-week high ($785.65), which the company reached on November 11th.
The stock underperformed when compared to some of its competitors Tuesday, as JPMorgan Chase & Co. JPM, -1.04% fell 1.04% to $136.59, Wells Fargo & Co. WFC, +0.56% rose 0.56% to $41.21, and Morgan Stanley MS, +0.45% rose 0.45% to $82.64.
Trading volume (712,984) eclipsed its 50-day average volume of 656,781.