Atlantic American Corporation shares fall 2.30% intraday after reporting first-quarter net income of $802,000.

Atlantic American Corporation dropped 2.30% in intraday trading. The company reported first-quarter net income of $802,000, after reporting a loss in the same period a year earlier. The insurance company posted revenue of $50.1 million in the period. The company's shares closed at $1.77, down from $1.87 a year ago.