Why American International Group (AIG) Stock Is Down Today

NEW YORK (TheStreet) -- American International Group  (AIG) shares are falling, down -2.2% to $51.55, on Tuesday following the release of the company's first quarter earnings results.

Though the company beat analysts earnings estimates handily, $1.21 per share against a $1.06 estimate, earnings fell significantly from the previous year first quarter mark of $1.34.

The global insurance company also posted a revenue decrease to $8.23 billion from $8.56 billion a year ago.

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