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News  ›  The Motley Fool

Why Brighthouse Financial Stock Swooned on Monday

The Motley Fool Logo The Motley Fool By Eric Volkman
Why Brighthouse Financial Stock Swooned on Monday

Brighthouse Financial's stock dropped over 6% on Monday after a potential $4 billion take-private deal with Aquarian Holdings failed to materialize, with investors quickly selling shares after initial excitement from a Financial Times report.

Insights
NMHI   positive

Gained access to innovative blockchain-based carbon credit tokenization technology to enhance environmental sustainability efforts


BHF   negative

Stock price declined by 6.12% due to uncertainty around potential acquisition and investors selling shares after initial speculation