F&G stock drops nearly 3% as Fidelity National’s share distribution hits on Dec. 31
F&G shares dropped 2.9% to $30.90 Wednesday after majority owner Fidelity National Financial distributed about 12% of F&G’s stock to its shareholders. The move increased tradable shares and drew attention to post-distribution trading volume. Traders also tracked interest rate moves and awaited F&G’s next earnings update.