Coming from a company with the simple genius to adopt Snoopy as its mascot, MetLife's plan to go public looks like something that might befall Charlie Brown. Companies should sell stock when investors are itchy to get in on their action, right? But the market lately has treated most insurance stocks like so many stray dogs. In January, when John Hancock Financial Services went public in a deal a lot like MetLife's, investors said: "So?" Issued at 17, the stock hasn't closed above 18.
展开▼
