BLK Stock Soars 26.3% in 2024: Will the Rally Continue This Year?

BlackRock’s (BLK) shares are in the spotlight as the company continues expanding its presence in the lucrative private markets through acquisitions. In 2024, BLK stock soared 26.3%. In the same timeframe, the Zacks Investment Management industry and the S&P 500 Index rallied 33.8% and 24.4%, respectively.2024 Price Performance Image Source: Zacks Investment Research2 Major Factors Influencing BlackRock StockAcquisitions Driving BlackRock’s Private Markets Push: BlackRock was on a buyout spree last year. In ...