Connect with us

Hi, what are you looking for?

Investing

Jackson Financial Shares Drop After Swing to 1Q Loss

By Dean Seal

Jackson Financial shares sank after the financial services company unexpectedly swung to a loss in the first quarter and reported weaker adjusted earnings than analysts had been expecting.

The stock fell 22.7% in early trading to a low of $26.70 before recovering some. By 12:30 p.m. ET, shares were down 17.5% at $28.50. They are…

Read the full article here

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

News

Élé Asu Good morning, ladies and gentlemen. Welcome to this Thema dedicated to Innovation for Environmental Security. And thank you for joining us remotely...

News

This article was written by Follow Seeking Alpha’s transcripts team is responsible for the development of all of our transcript-related projects. We currently publish...