Why Brighthouse Financial Stock Blasted Higher This Week
The insurance industry isn't known for being a hotbed of dynamically trading stocks. That's why Brighthouse Financial's (BHF 0.73%) big price swing over the past few days was notable.On the back of a report in a trusted financial newspaper that the company was looking to find a buyer, both investors and analysts suddenly got more bullish on the potential for its stock. According to data compiled by S&P Global Market Intelligence, Brighthouse's price rose by nearly 22% this week.Offers wantedTuesday morning, ...