Baldwin Insurance Shares Dip as Wall Street Hits Record Highs
Baldwin Insurance Group shares fell in the last trading session before the weekend, ending the holiday-shortened week down as the insurer lagged a U.S. equity market that kept hitting new records. Baldwin shares ended Friday at $19.42, slipping 44 cents, or 2.2%. Volume was about 2.0 million. Over the week, with U.S. markets shut Monday for Memorial Day, the stock dropped from $19.66 at last Wednesday’s close, off around 1.2%.