Willis Towers Watson shares plunge 11.69% and underperform competitors
Updated
Updated · MarketWatch · Apr 30
Willis Towers Watson shares plunge 11.69% and underperform competitors
8 articles · Updated · MarketWatch · Apr 30
The stock closed at $256.20 on Thursday, its second straight daily loss, as the S&P 500 rose 1.02% and the Dow gained 1.62%.
Willis Towers Watson ended 27.38% below its 52-week high of $352.79 reached on 7 October, while Accenture, Marsh and Aon posted smaller declines.
Trading volume reached 1.9 million shares, far above its 50-day average of 639,778, indicating unusually heavy investor activity despite a broadly strong market session.
Why did a strong earnings report trigger a massive stock plunge for Willis Towers Watson, fueled by AI fears?
Is Wall Street's sudden fear of AI in insurance an overreaction, or the start of a major industry shift?