BlackRock shares are trading higher after the company reported better-than-expected Q3 financial results and $11.5 trillion in assets under management.
Portfolio Pulse from Benzinga Newsdesk
BlackRock shares rise as the company reports better-than-expected Q3 financial results and $11.5 trillion in assets under management.
October 11, 2024 | 2:51 pm
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BlackRock shares are trading higher following the release of Q3 financial results that exceeded expectations, with the company managing $11.5 trillion in assets.
The better-than-expected Q3 financial results and the significant amount of assets under management are positive indicators for BlackRock, leading to an increase in share price. This suggests strong financial health and effective management, which are likely to attract investors.
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