By Nicholas G. Miller


Shares of Blackrock fell after the company's second-quarter revenue failed to meet Wall Street's expectations.

The investment management company's stock was down 5.5% to $1,050.01 Tuesday, making it the second-largest decliner on S&P 500. The stock is up 1.8% so far this year.

The company reported $5.42 billion in revenue, a 13% increase from the prior year, below analysts' expectations of $5.45 billion.

Blackrock reported $12.53 trillion in assets and adjusted earnings of $12.05 a share, above analysts' expectations of $10.78.


Write to Nicholas G. Miller at nicholas.miller@wsj.com.


(END) Dow Jones Newswires

07-15-25 1105ET