Brighthouse Financial falls 4 pct in debut
Shares of Brighthouse Financial Inc , the U.S. retail insurer spun off from MetLife Inc, fell 4 percent in market debut on Monday as it goes solo in an industry struggling with low interest rates. Brighthouse’s shares touched a low of $62 in early trading, giving it a market capitalization of $7.43 billion. The completion of the spinoff, a plan unveiled last year, ends MetLife’s reign as the largest U.S. life insurer by assets.
Source:: https://finance.yahoo.com/news/brighthouse-financial-falls-4-pct-133803044.html
