Interested piece on Fox Business this morning where they listed Allstate stock as one of the 5 worst performers in 2023. The stock value has dropped 42% since last October and they predicted it will continue to decline throughout the rest of the year. Thank God I dumped all of mine in February!!
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"Allstate stock has declined 23% in 30 days. Lol."
Ummm...Allstate stock is actually up $1.00 from 30 days ago.
Not sure what you are LOL'ing about.
Allstate stock has declined 23% in 30 days. Lol.
Huh…..”especially when you can’t math”. Lol, what public school did you go to???
Once a grunt, always a grunt…especially when you can’t math
BTW, it's illegal to short a stock and then go all over social media to bash the stock so you make money. The SEC can trace your IP address.
Learn how the stock market works, cry baby!!
Seems odd, then, that the stock is up today. I am crying BS.
Lol, stick to things you know more about. The only reason the stock is showing at the amount you listed is due to a margin call which occurred. There was also an infusion of stock into the market when the “in the know” higher ups began dumping their stock in the last few months once the Concentrix takeover was announced.
Fake news- do the math. If the stock dropped 42% and is currently around $115, it would have needed to be around $160 last October. We were never anywhere near that in our history. Back to work
Congrats on dumping your ALL stock in February. You sold it at or near its high in October. That said, the drop in share price from the highest price in October, 138.38 to its price at the close of the market on Friday, 115.74, was just under 16%.
Nothing to brag about, but not a 42% drop, and the consensus is that the stock is a moderate buy, with a price target of $134.91.
Here is the link:
https://www.tipranks.com/news/blurbs/analysts-have-conflicting-sentiments-on-these-financial-companies-allstate-all-rayonier-ryn-and-zillow-group-class-c-z
Company needs to layoff more useless directors and leaders, claim reps who aren’t working and paying agents so much who are never in office use agencies for cash low.
Sounds ripe for takeover