Torchmark Corporation (TMK): Today's Featured Insurance Laggard
Torchmark Corporation (TMK) pushed the Insurance industry lower today making it today's featured Insurance laggard. The industry as a whole closed the day up 1%. By the end of trading, Torchmark Corporation fell $1.27 (-2.5%) to $49.10 on heavy volume. Throughout the day, 2.1 million shares of Torchmark Corporation exchanged hands as compared to its average daily volume of 780,300 shares. The stock ranged in price between $48.23-$50.50 after having opened the day at $50.50 as compared to the previous trading day's close of $50.37. Other company's within the Insurance industry that declined today were: American Independence Corporation (AMIC), down 5.3%, Selective Insurance Group (SIGI), down 3.7%, Endurance Specialty Holdings (ENH), down 2.7%, and Arch Capital Group (ACGL), down 2%.
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