American International Group Shares Drop by 3.06%
Shares of American insurer AIG closed lower this Friday, recording a loss of 3.06% to settle at $78.54.
Market Performance on Friday
American International Group (AIG) shares ended the trading session on Friday at $78.54, marking a decrease of 3.06% from the previous day. This movement contrasts with the positive performance of the S&P 500 index, which advanced by 0.36% to close at 6740.28 points. The market saw a trading volume of 3,969,280 shares, representing 0.67% of the company's market capitalization. This trading volume indicates significant interest but could also reflect the volatility observed during this end-of-week session.
Weekly and Annual Performance
Over the past seven days, AIG has seen a gain of 2.4%, indicating an overall positive weekly performance despite the drop on Friday. Over a one-year period, the stock has increased by 7.25%, which is lower than the 18.33% rise seen in the S&P 500 index over the same period. This comparison shows that while AIG's stock has made gains, it has underperformed compared to the market benchmark over the past year.
