Why AllianceBernstein Soared 38% in the First Half of 2021

AllianceBernstein (NYSE: AB), an asset manager, outperformed its competitors in the first six months of 2021 with a return of 38%, according to S&P Global Market Intelligence. It more than doubled the return of the S&P 500, which was up 15% year to date through the first two quarters.

AllianceBernstein's share price is up 35% year to date through July 13, which tops the average return for the financial sector, which is 24%.

Continue reading

Source Fool.com