MET’s stock has recovered, in part, due to Fed stabilization of the bond market and recent bullishness in the stock market (which may be misguided).
From the 2/12/20 high to the 3/23/20 low, the stock fell 57%. From the 3/23/20 low to yesterday’s close, the stock gained 55%, but that still leaves it 33% below the 2/12/20 high. That’s not a typo—do the arithmetic!
I thought about adding near the bottom, but I never pulled the trigger.
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