AFLAC stock slides 2.19% and underperforms competitors
Updated
Updated · MarketWatch · Apr 30
AFLAC stock slides 2.19% and underperforms competitors
11 articles · Updated · MarketWatch · Apr 30
Shares closed at $113.67 on Thursday as the S&P 500 rose 1.02% to 7,209.01 and the Dow gained 1.62% to 49,652.14.
It was AFLAC's second straight daily loss, leaving the insurer 4.74% below its 52-week high of $119.32 reached on 5 February.
AFLAC lagged peers as Cigna fell 0.60%, while MetLife rose 1.44% and AIG gained 1.37%; trading volume reached 4.1 million, above its 50-day average of 2.3 million.
Insiders are selling and the stock is dropping, so why does one model claim Aflac is nearly 40% undervalued?
Aflac's stock fell on an earnings miss, so why did it reward shareholders with a record $1.3 billion payout?
Beyond a simple earnings miss, are cracks forming in Aflac's dominant and highly profitable Japanese insurance empire?