What Happened?
Shares of global insurance giant AIG (NYSE: AIG) fell 3.3% in the afternoon session after a significantly weaker-than-expected U.S. jobs report sparked concerns about the health of the economy. According to the U.S. Bureau of Labor Statistics, non-farm payrolls increased by only 22,000 in August, a figure substantially below expectations. This disappointing data suggests a potential slowdown in economic activity. For a major insurance and financial services provider like AIG, a cooling economy can translate to lower business volumes and potential headwinds for its investment portfolio, leading to negative investor sentiment.
The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy AIG? Access our full analysis report here, it’s free.
What Is The Market Telling Us
AIG’s shares are not very volatile and have only had 3 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful, although it might not be something that would fundamentally change its perception of the business.
AIG is up 8.6% since the beginning of the year, but at $79.24 per share, it is still trading 9.7% below its 52-week high of $87.72 from April 2025. Investors who bought $1,000 worth of AIG’s shares 5 years ago would now be looking at an investment worth $2,744.
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