$16.91
-0.68 (-3.87%)
Manulife Financial Corp (USA ) (MFC)
CAPS Rating:
A life insurance company incorporated under the ICA. MFC was incorporated under the ICA on April 26, 1999 for the purpose of becoming the holding company of Manufacturers Life following its demutualization.

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Panic sellers that need to sell everything at any price to meet redemptions or margin calls. Manulife will be around in 5 years at much higher prices and may even exploit the weakness in other competitors (ie AIG) to boost market share.