
Shares of financial guaranty insurance provider Assured Guaranty AGO.N slide as much as 8%, hitting their lowest in four months
Stock last down 5.3% at $87.29
AGO on Thursday posted fourth-quarter adjusted operating income below Street expectations, after beating estimates in the previous five quarters
Miss came due to net economic loss development of $17 million in the fourth quarter, driven by healthcare and UK regulated utility exposures
Brokerage KBW says premiums, investment income and buybacks all came in strong, but the credit-driven earnings miss would garner a negative stock reaction
AGO stock down 3% YTD