Maiden shares collapse on results
Maiden Holdings' share price fell by as much as 12.2 percent in
early trading as the market digested its fourth quarter results.
The shares closed on Monday at $13.57 but were changing hands
for $11.91 shortly after markets opened this morning (23
February).
The Bermudian reinsurer reported operating earnings per share of
$0.34, down from $0.44 in Q4 2014 and well short of the analyst
consensus of $0.45.
Carriers that have missed their earnings forecasts have been
harshly dealt with...
Read more »