Aon Stock Suffers Heavy Blow, Drops 8% on Thursday

Shares of Aon PLC (NYSE: AON) experienced a significant selloff during the trading session on Thursday, April 25th. The professional services firm saw its stock price close at 335.85 USD, reflecting a substantial daily loss of 29.20 USD, or 8.00 percent, according to market data.

The market closed for AON at 4:41 pm GMT-4. Notably, despite the significant drop during regular trading hours, the stock price remained unchanged in after hours activity, holding steady at 335.85 USD.

Thursday’s trading session began with Aon opening at 341.50 USD, already below the previous day’s closing price of 365.05 USD. The stock traded within a range defined by a high of 346.51 USD and a significant low of 323.73 USD. The closing price near 335 USD indicates the stock recovered somewhat from its lowest point but still finished with a major deficit for the day.

Looking at the company’s fundamentals, Aon’s market capitalization is listed as 7.25KCr. Its Price to Earnings (P/E) ratio stands at 26.89, and the stock offers a dividend yield of 0.89 percent.

The sharp decline pushes Aon’s stock price further down within its 52 week range, which spans from a high of 412.97 USD to a low of 268.06 USD. This significant negative movement for Aon was a key development for observers of the financial services sector in the United States market.

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