The AMP Ltd (ASX: AMP) share price ended the day flat on Tuesday. It fluctuated slightly between $1.20 and $1.22 throughout the course of the day. Then, at the close of the ASX on Tuesday afternoon, the stock was unchanged at $1.20 a piece.
At the time of writing, the financial services company’s shares are down a huge 34.43% for the year-to-date. AMP shares are now down 7.69% over the past year.
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What caused the AMP share price crash?
The majority of the decline came when the stock crashed over 26% after it released its FY25 results in mid-February. It was the largest one-day fall the wealth manager has suffered since 2003, when its value tanked 36%.
AMP reported a 20.8% lift in underlying net profit after…
