Do anyone think that if blacklock sells his 6.7% stake in apple which worth 227.8 billion dollars, then what happens
Anonymous 1
Hey I am on Medialย โขย 10m
Blackrock to sell those shares, buyers needs to be there in the market to purchase them. To avoid their own lose they would end up doing gradual selling or even negotiated trading to ensure that they earn profit and there is less market disruption.
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You might have heard the name BLACKROCK
But do you know the origin story ?
Read this out
โINTRODUCTION โ
BlackRock was founded in 1988 by Larry Fink, Robert S. Kapito, Susan Wagner, Barbara Novick, Ben Golub
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BLACKROCK'S RISE
1988: BlackRock was founded with a simple but powerful aim: to offer institutional clients asset management with a focus on advanced risk management.
1994: Within just six years, BlackRock had $53 billion in AUM.
1999: The company