Right around 1:00 PM EST, volume on AIG soared and the stock has shot up 12% to $32.94 a share. So far there’s no breaking news or particular cause for the sudden spike but we’ll keep our eyes peeled.
But that’s not all: Fannie Mae (FNM) shares are up nearly 15% to $1.16 a share while its pal Freddie Mac (FRE) soars 17% to $1.39 a share. No catalysts for these two stocks either. Very odd.
Below, a chart of the insane AIG volume.
Business Insider Emails & Alerts
Site highlights each day to your inbox.