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  5. MFC: Any idea why MFC is taking such a hit today? [Manulife Financial Corporation]
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Q: Any idea why MFC is taking such a hit today? I don't expect insurance companies to be down 5% in a day unless it's a broad market thing. I realize the market is down due to orange man but insurance shouldn't be impacted by tariffs and my GWO is up.
Asked by John on March 04, 2025
5i Research Answer:

There is no company news of any note. It is up 34% in a year and we think there is a bit of a 'sell Canada' theme going on with some US investors. The stock was also up four of five days last week and is basically unchanged from Feb 19's price.