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-0.00156580301187902 -0.00156580301187902 -0.00159012253297154 -0.0025254887288373 -0.00977457674679625 -0.00804414928444486 -0.00804414928444486 -0.00804414928444486
Stock impact report

Globe Life Shares Sink on Short Seller ‘Empty Office' Claims [Yahoo! Finance Canada]

Globe Life Inc. (GL) 
Last globe life inc. earnings: 4/22 04:10 pm Check Earnings Report
Most Read from Bloomberg Shares of Globe Life slid 2.4% to $106.82 at 2:52 p.m. in New York, after tumbling as much as 8.4% earlier Wednesday, after Viceroy Research published a report saying “something is seriously wrong” at AIL and that it has empty offices. The insurer refuted the short seller report, saying that since the pandemic it had begun transitioning to a virtual business model. “By enabling our agents to work virtually, providing work flexibility and eliminating overhead costs to better build their own businesses, AIL's agent count increased from over 8,000 agents in March of 2020 to over 12,000 in November of 2024,” the firm said in a statement. “Once again, an opportunistic short seller has presented a false picture of AIL's presence across the country.” Viceroy said it confirmed some closures directly with former AIL agents and that offices located at the addresses of multiple large agencies were available for lease. “These possible closures have occurred in Show less Read more
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