Updated
Updated · MarketWatch · May 6Aon PLC stock falls 2% for second straight day
6 articles · Updated · MarketWatch · May 6
- The shares closed at $308.27 on Wednesday, while the S&P 500 rose 1.46% and the Dow gained 1.24% in a broadly stronger market.
- Aon ended 19.09% below its 52-week high of $381 reached on 25 July, though it held up slightly better than Marsh and Arthur J. Gallagher.
- Among peers, MetLife edged up 0.33%, and Aon's trading volume of 1.4 million shares matched and slightly exceeded its 50-day average.
Aon's stock falls despite record earnings. Is this a market overreaction or an AI-driven warning sign? With profits soaring as its stock sinks, is AI making insurance brokers obsolete?