Tuesday, September 01, 2009

 

Is AIG Overpriced? Maybe Not As Much As Barron's Thinks

If you measured the worth of AIG by its stock price performance this year, you’d be at a real loss as to what conclusion to draw. And that seems exactly what investors are.

After plunging to nearly as low as it was at the bottom of the financial crisis in late June and early July, the beleaguered insurance behemoth audaciously announced a 20 for 1 reverse stock split. Then, in the final stages of this month, it leaped like a biotech...

BNet: Is AIG Overpriced? Maybe Not As Much As Barron's Thinks

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