Shares of AllianceBernstein (AB -8.9%) trade lower after the company misses the estimate of...

|About: AllianceBernstein Holding... (AB)|By:, SA News Editor

Shares of AllianceBernstein (AB -8.9%) trade lower after the company misses the estimate of analysts with its Q4 earnings report. The investment firm saw a sharp falloff in trading activity due to risk aversion from equity investors and lost 15.1% of its assets under management over the last year.