Reported 2 days ago
Allstate Corporation, a major personal lines insurer with a $52.7 billion market cap, has seen its stock decline 6.8% from a 52-week high, underperforming the Nasdaq Composite's notable gains. Although Allstate's shares have risen slightly in recent months and showed promising Q2 results, the stock lags behind competitors and market performance, with analysts remaining cautiously optimistic about future growth.
Source: YAHOO