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Why MetLife Stock Plummeted 19.2% in May

TheMotleyFool

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Why MetLife Stock Plummeted 19.2% in MayPhoto, wide shot, wide-angle lens, soft focus, Quarry, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Sebastião Salgado: https://oaidalleapiprodscus.blob.core.windows.net/private/org-IbuNdCATsFaPOITjFOv2kJh3/user-AXaxqjBUW45D8BadJEo9mUpW/img-YQuR80w6IvxjemEoWYDXbEZo.png?st=2023-10-15T10%3A03%3A37Z&se=2023-10-15T12%3A03%3A37Z&sp=r&sv=2021-08-06&sr=b&rscd=inline&rsct=image/png&skoid=6aaadede-4fb3-4698-a8f6-684d7786b067&sktid=a48cca56-e6da-484e-a814-9c849652bcb3&skt=2023-10-14T14%3A03%3A01Z&ske=2023-10-15T14%3A03%3A01Z&sks=b&skv=2021-08-06&sig=/3q45HS%2B7KQiNIRh0W63diwmt7u%2BeQQMkMTkhvmYMtE%3D

MetLife Inc. (NYSE: MET) saw its stock price plummet in May, dropping 19.2% for the month, according to S&P Global Market Intelligence. Year to date, the stock price is down about 24%, trading at around $55 per share as of market close on June 7.

It was well off the pace of the major indexes as the S 500 ticked up 0.3% in May, while the Dow Jones Industrial Average was down 3.5%. The Nasdaq Composite was up 5.9%.

Source Fool.com