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MetLife, Inc. (MET), headquartered in New York City, is a leader in insurance, employee benefits, and financial services. With a market cap of $50.07 billion, MetLife offers a comprehensive range of products, including life, dental, disability, accident insurance, and retirement and savings solutions. The company serves individual consumers, businesses, and institutional clients, providing the tools and resources to secure a more confident financial future.
MET has underperformed the broader market over the past year. The stock has gained 11.3% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 21%. Also, in 2024, MET is up 7% compared to SPX's 13.9% gains on a YTD basis.