Broker, reinsurer stocks plummet following Fed meeting
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Broker, reinsurer stocks plummet following Fed meeting

Thorsten Schier
December 14, 2023
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
II US CREAM.jpg

The stocks of brokers and reinsurance companies took significant hits Thursday, with prominent insurance names comprising five of the 10 worst S&P performers in early-afternoon trading.

Leading the decline was AJ Gallagher, with its stock price down around 7.5% at mid-afternoon, to roughly $227 per share compared to its prior close of $245.21.

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Login now

Topics

NewsStocks
thorsten schier/thorsten schier II US.png
Thorsten Schier
Managing Editor
Contact
Gift this article