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.
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.
7% is a big downward move but not a tumble, definitely not a crash.
Crash and burn mother fuckers. Eat the fucking rich.