US stock · Financial Services sector · Insurance—Diversified
A
American International Group, Inc.
AIG54.42
USD
-0.78
(-1.41%)
Market Open
6.98P/E
7Forward P/E
0.29P/E to S&P500
39.387BMarket CAP
2.32%Div Yield
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$aig *Top analyst price target for next week 📈📉🚀 https://t.co/GrrtWbve1m
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$AIG is such an interesting company. Huge cashflows, extremely cheap.
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Financials Fintwits: should folks be concerned about unrealized losses at insurers? Will they need to raise capital if certain regulatory thresholds are hit? Duration mismatch not there like banks, but the losses are massive compared to mkt cap and shareholder equity. Ex below: https://t.co/06YOCQZ9wl
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One thing I think about often is how difficult it is to create wealth, and how simple it is to destroy it. $C $AIG https://t.co/Q0PKp9KTNq
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Fun fact:
$AIG was once one of the largest company in the WORLD.
Then 08 happened and the US Gov’t bailed them out. Guess it was justified. (Had they not who knows what would have happened)
Stock is still down some -97% from it’s ATH’s.
Some regionals could see similar fate.
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This is the nature of a lot of so-called bailouts.
It's true that not all Wall Street equity went to zero. But, for example, Citigroup shares are still down 92% from their pre-GFC peak, despite having been bailed out. $AIG shares still 96% off.
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Fair criticism that SVB should not be “bailed out”. Agreed - bank leaders / owners will get wiped out. And while Altimeter never had any type of banking acct w SVB - we do not think 1000s of small businesses should lose their savings just bc the system failed. @theallinpod
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Blackstone Inc. has agreed to acquire insurance firm American International Group Inc.’s $3.6 billion collateralized-loan obligation assets, according to people with knowledge of the matter. $BX $AIG
https://t.co/GozZ7FCZsC
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really $AIG?
we're going to do this again? https://t.co/HMmb5rQQ6R
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$AIG - Failed breakout leading to fast breakdown. https://t.co/qdgCvkEVeE
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$AIG
Can’t remember last time I’ve seen this name https://t.co/GqbBy7ek09
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We make handmade gourmet marshmallows in small batches.
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