CNO Financial Group, Inc. ( NYSE:CNO ) shareholders might be concerned after seeing the share price drop by just under 2%. The stock price on May 5, 2015, soared to a high of 32.78%, which was a huge lift for market participants.
“The volatility that has happened today is causing companies to have to raise money as much as they can,” said Scott Gaffy, Director, Corporate Strategy and Corporate Planning for the GMA Capital Market Research Group, an advisory group that includes investment firm P&L and financial services firms.
In addition, GMA Capital Markets Research Group analysts surveyed the stock market and its key players and noted that the stock price was down 3% in the previous two weeks.
While the stock has been moving down 3.4% since last Tuesday, the price of Dow Jones Industrial Average ( DZNA ) is up 5.5% over the past week, which was higher than the S&P 500 index and it is up 17.1%.