Why AIG Stock Tumbled by Almost 8% Today

Key Points The insurer's leader is stepping down. He will hand over the reins in the coming months. 10 stocks we like better than American International Group › Investors clearly weren't feeling all that secure about American International Group (NYSE: AIG) stock on Tuesday. After all, they traded out of the big insurer to the point where it closed nearly 8% lower in price. Much of this was due to a major development in the company's C-suite. C-suite surprise Before market open that day, AIG ann ...