AIG's (AIG) stock remains under pressure, even though the government has began to unwind its position in the big insurer.
Shares took a big slide earlier this year after AIG issued 75 million 10-year warrants to its non-government shareholders to buy AIG shares for $45 a pop. While the step brought AIG one step closer toward ending its dependence on the U.S. government, it also brought the company's share price down 15% in a single trading session.
The stock also fell last month after AIG sold 100 million shares and the U.S. government unloaded 200 million of its shares of the company -- a total of about $8.7 billion in AIG stock.
While the stock sale was highly anticipated, the government still holds a 77% stake in AIG, and it will take awhile to whittle down the remaining 1.5 billion shares it owns.
It's been a roller-coaster ride for stocks this year, but for some members of the S&P 500, it's been nothing but up. From healthcare to media, here are the 10 best-performing stocks so far in 2011. More
|Sony exec fires back at President Obama|
|Justin Bieber just lost 3.5 million Instagram followers|
|Hackers to Sony: We'll stand down if you never release the movie|
|Chrysler expands recall to 3.3 million vehicles|
|'Colbert Report' says goodbye with record ratings|