American International Group (AIG) Completes 1-for-20 Reverse Stock Split
American International Group, Inc. (NYSE: AIG) completes 1-for-20 reverse stock split. However, shares are actually down on the day...now trading at $18.73.
Shares have fallen from an intraday high of $22.96, all the way down to $18.51, before bouncing back slightly.[SM]
Related Categories
Corporate NewsTrader Talk
Stocks Mentioned
Comments
AIG Disaster
It blows my mind how a bunch of ruthless and greedy folks can destroy what was once a fine insurance company. SOMEONE SHOULD BE CONSIDERED AS A PROSPECT FOR MADOFF'S ROOMMATE OVER THIS!!
20 for 1 Reverse Stock Split
What a dumb move....now watch it go down even more. I had thought about buying 100,000 shares about 2 weeks ago.....glad I didn't cause now I would only have 5000 shares at the inflated price of $18-19
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!

Reverse Stock Split
Un Loco on Jul 13, 2009 12:24 AMWould you rather have them de-listed?