AB - Why AllianceBernstein Soared 38% in the First Half of 2021
AllianceBernstein (NYSE: AB) , an asset manager, outperformed its competitors in the first six months of 2021 with a return of 38%, according to S&P Global Market Intelligence . It more than doubled the return of the S&P 500 , which was up 15% year to date through the first two quarters.
AllianceBernstein's share price is up 35% year to date through July 13, which tops the average return for the financial sector, which is 24%.
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Why AllianceBernstein Soared 38% in the First Half of 2021