BlackRock, the world’s largest asset manager, saw its shares slide over 7% on Friday after the company capped withdrawals from one of its private credit funds, sending its stock to a low point not seen since May 2025.
Key Facts
The firm’s stock closed down 7.2% on Friday to $955.45, continuing a string of losses that began last week.
This is a developing story. Check back for updates. $BANANAS31 $FLOW $RESOLV