Globe Life Inc. stocks plummet Thursday

Globe Life Inc. stocks plummet Thursday

The stock collapse on Thursday wiped out $5-billion dollars in value for Globe Life, Inc., according to the Wall Street Journal.

DALLAS — Stock for Globe Life Inc., one of North Texas’ largest insurance providers, lost more than half of its value on Thursday after allegations of potential fraud by a group called Fuzzy Panda Research.

Globe Life stock, which had hovered consistently at more than $100 per share, opened at $98.48…
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Source: https://www.wfaa.com/article/news/local/globe-life-inc-accused-of-insurance-fraud-stocks-plunges-to-lowest-in-decade/287-c236dfd7-14dc-4f46-9061-cbcf8ef990ad