Multiple Companies' Stocks Underperform Thursday Amid Market Declines
Multiple Companies' Stocks Underperform Thursday Amid Market Declines

Multiple Companies' Stocks Underperform Thursday Amid Market Declines

News summary

On a challenging day for the stock market, shares of BlackRock Inc. fell 7.71% to $887.65, amid a significant drop in major indices, with the S&P 500 and Dow Jones Industrial Average declining 4.84% and 3.98%, respectively. BlackRock's stock is currently 18.13% below its 52-week high of $1,084.22, which it reached on January 31. Other companies, such as Bread Financial Holdings, LKQ Corp, Hubbell Inc., and Ingersoll Rand Inc., also reported underperformance compared to their competitors, although specific details of their stock movements were not highlighted. The overall decline reflects a broader trend affecting multiple stocks in the current trading environment.

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