Why BlackRock's Stock Price Fell 18.3% in April
April was the cruelest month since the start of the pandemic and BlackRock (NYSE: BLK) felt that pain as its stock price dropped 18.3% in the month, according to S&P Global Market Intelligence.
The world's largest money management firm trailed the S&P 500, which was down 8.8% in April -- its worst month since March 2020. The Nasdaq was even worse, down 13.3% for the month. Year to date, BlackRock is down 31% as of May 6.
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Source Fool.com
