Unrelated to company performance (this time). If you it Google it, you will see. Below $16 currently. Yikes.
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Why is this sh-t going down. Any news?
Expect more downward pressure on the stock due to failing business and screwed up outsourcing model.
But the stock has been getting hammered compared to peers the last few days, not sure why
It’s not just CRBG, life insurer stocks have gotten crushed in the last two weeks after the bank failures. There is a fear of increased surrenders leading to forced asset sales at depressed values.
Everything in AIG is pumped up with lies by abused employees desperate for their jobs and . Of course the stock slowly deflates over time as reality sets in and as disaffected employees do the minimum possible.