AIG (AIG +2.2%) shares jump after reporting Q4 earnings, trading briefly above the $29 price the U.S. Treasury got when it sold a portion of its AIG holdings in a “re-IPO" in May 2011. If AIG shares can stay there, Treasury likely will attempt a sale of another chunk of its 77% stake. But the price point may prove an impediment to further appreciation in the shares, Bernstein says.
AIG (AIG +2.2%) shares jump after reporting Q4 earnings, trading briefly above the $29 price the...
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Symbol | Last Price | % Chg |
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AIG | - | - |
American International Group, Inc. |