BlackRock shares declined -5% after second-quarter revenue of $5.42 bn came in just below expectations of $5.46 bn. Institutional client outflows weighed on results, though the firm still posted net inflows for the quarter.
BlackRock shares declined -5% after second-quarter revenue of $5.42 bn came in just below expectations of $5.46 bn. Institutional client outflows weighed on results, though the firm still posted net inflows for the quarter.