BlackRock's Trading Volume Surges 35.37% to $642 Million, Ranks 137th in Market

On June 11, 2025, BlackRock's trading volume reached $642 million, marking a 35.37% increase from the previous day, placing it 137th in the day's stock market rankings. BlackRock's stock price rose by 0.14%, marking two consecutive days of gains, with a total increase of 0.45% over the past two days.

BlackRock has announced plans to cut 300 jobs in its second round of layoffs for 2025, following a 14% increase in staff due to recent acquisitions. This move is part of the company's efforts to streamline operations and adapt to changing market conditions.

Barclays has raised its price target for BlackRock from $950.00 to $990.00 and maintained an "overweight" rating for the company. This adjustment reflects the firm's positive outlook on BlackRock's future performance and growth prospects.