Why American Equity Life Stock Was Up 17.2% Today

June 28, 2023 by Dave Kovaleksi

Shares of American Equity Investment Life Holding (AEL -0.59%) were on the rise Tuesday, as the stock price was up about 17.2% as of the closing bell. Shares had been up as much as 19% during the trading day. The stock price is currently up around 16% year to date, trading at roughly $53 per share.

The major markets were all up on Tuesday, as the S&P 500 had gained 50 points (1.2%), the Dow Jones Industrial Average climbed 238 points (0.7%), and the Nasdaq Composite jumped 228 points (1.7%) as of the closing bell.

Click HERE to read the full story via The Motley Fool

Originally Posted at The Motely Fool on June 27, 2023 by Dave Kovaleksi.