American International Group Inc. (AIG) Dips 3.25% for August 13

Equities Staff  |

Among the S&P 500’s biggest fallers on Thursday August 13 was American International Group Inc. (AIG). The stock experienced a 3.25% decline to $30.94 with 6.71 million shares changing hands.

American International Group Inc. started at an opening price of 32.52 and hit a high of $32.65 and a low of $30.59. Ultimately, the stock took a hit and finished the day at $1.04 per share. American International Group Inc. trades an average of n/a shares a day out of a total 861.43 million shares outstanding. The current moving averages are a 50-day SMA of $n/a and a 200-day SMA of $n/a. American International Group Inc. hit a high of $58.66 and a low of $16.07 over the last year.

American International Group is one of the largest insurance and financial services firms in the world and has a global footprint. It operates through a wide range of subsidiaries that provide property, casualty, and life insurance. Its revenue is split roughly evenly between commercial and consumer lines.

With its headquarters located in New York, NY, American International Group Inc. employs 46,000 people. After today’s trading, the company’s market cap has fallen to $26.65 billion, a P/S of n/a, a P/B of 0.43, and a P/FCF of n/a.

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For all the attention paid to the Dow Jones Industrial Average (DJIA), it’s the S&P 500 that’s relied on by insiders and institutional investors. It represents the industry standard for American large-cap indices.

The Dow is made up of just 30 stocks to the S&P 500’s 500, and it uses an unreliable and outdated price-weighting system where the S&P 500 relies on market cap in weighting its returns. This is why its long-term returns is a much more reliable gauge for the performance of large- and mega-cap stocks over time.

To get more information on American International Group Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: AIG’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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