Analyst Favorite Experian Extends Plunge on ‘AI Loser’ Worries
Experian's North American headquarters in Costa Mesa, California.
Photographer: Bing Guan/BloombergExperian Plc shares have fallen to a two-year low as investors bet that one of analysts’ favorite FTSE 100 stocks will suffer as artificial intelligence automates credit scoring.
The shares dropped as much as 3.4% in London on Monday, extending a January decline to 13% in what would be the worst monthly performance in four years. The decline gave the firm a market capitalization of £26.9 billion ($36.8 billion).