Why BlackRock’s Strong Stock Rally Isn’t Over Yet
- Friday, July 31, 2020, 7:18
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BlackRock stock lost more than 34% – dropping from $499 at the end of 2019 to around $327 in late March – then spiked 76% to around $570 now. This implies it’s 14% higher than the start of the year. There were two clear reasons for this: The Covid-19 outbreak and economic slowdown meant that…
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