Trupanion shares are trading higher after California and New York approved the company's requested rate increases.
Portfolio Pulse from Benzinga Newsdesk
Trupanion shares are trading higher after the company received approval for its requested rate increases in California and New York.
June 23, 2023 | 10:28 am
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Trupanion's stock price is trading higher after receiving approval for rate increases in California and New York.
Trupanion's requested rate increases were approved in California and New York, two major markets. This will likely lead to higher revenues and profitability, positively impacting the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100