Insurance Stocks Moving In Friday's Intraday Session
Portfolio Pulse from Benzinga Insights
Insurance stocks experienced significant movement during Friday's intraday session, with eHealth, SelectQuote, Tian Ruixiang Holdings, Huize Holding, Heritage Insurance Hldgs, and Lincoln National among the gainers, while Waterdrop, United Insurance Holdings, Conifer Holdings, FG Finl Gr, Intl General Insurance, and Reliance Global Group were among the losers.
June 02, 2023 | 5:40 pm
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NEGATIVE IMPACT
United Insurance Holdings shares decreased by 4.9% to $5.25 during Friday's session, with a trading volume of 152.5K shares, 23.9% of its average full-day volume. The company's market cap is $230.2 million.
United Insurance Holdings' decline in share price and trading volume during Friday's session indicates a negative short-term impact on the stock. The drop in price and volume suggests decreased investor interest and demand for the stock.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Waterdrop shares fell 10.0% to $2.25 during Friday's session, with a trading volume of 449.3K shares, 73.5% of its average full-day volume. The company's market cap is $860.7 million. The company's Q1 earnings were released today.
Waterdrop's decline in share price and increased trading volume during Friday's session indicates a negative short-term impact on the stock. The drop in price and release of Q1 earnings suggest that investors may have reacted negatively to the earnings report.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
eHealth shares surged 23.14% to $8.46 during Friday's session, with a trading volume of 621.9K shares, 112.9% of its average full-day volume. The company's market cap is $231.7 million.
eHealth's significant increase in share price and trading volume during Friday's session indicates a positive short-term impact on the stock. The surge in price and volume suggests increased investor interest and demand for the stock.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
SelectQuote shares rose 13.6% to $1.79 during Friday's session, with a trading volume of 774.7K shares, 45.2% of its average full-day volume. The company's market cap is $298.3 million.
SelectQuote's increase in share price and trading volume during Friday's session indicates a positive short-term impact on the stock. The rise in price and volume suggests increased investor interest and demand for the stock.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100