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1 week ago

BlackRock (BLK) Stock Plunges 6% After $25M Loan Write-Off Exposes Private Credit Vulnerabilities

BlackRock (BLK) stock fell 6% after writing off a $25M loan and facing $1.2B in redemption requests, exposing stress in the private credit market.

The post BlackRock (BLK) Stock Plunges 6% After $25M Loan Write-Off Exposes Private Credit Vulnerabilities appeared first on Blockonomi.

Source: Blockonomi →

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