Insurance Stocks Moving In Friday's Intraday Session
Portfolio Pulse from Benzinga Insights
During Friday's intraday session, insurance stocks showed significant movement. Gainers included Reliance Global Group (RELI), Waterdrop (WDH), eHealth (EHTH), Genworth Finl (GNW), Hippo Holdings (HIPO), and Root (ROOT). Losers included Fanhua (FANH), FG Finl Gr (FGF), Kingstone Companies (KINS), Maiden Hldgs (MHLD), Skyward Specialty (SKWD), and SelectQuote (SLQT).
July 07, 2023 | 5:41 pm
News sentiment analysis
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POSITIVE IMPACT
Reliance Global Group's stock rose 5.92% to $4.92 during Friday's session. The company's market cap stands at $7.9 million.
The increase in Reliance Global Group's stock price indicates positive investor sentiment, which could lead to further short-term gains.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Waterdrop's shares moved upwards by 5.75% to $2.02. The market value of their outstanding shares is at $771.0 million.
Waterdrop's stock price increase suggests positive market sentiment, potentially leading to further short-term gains.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Fanhua's shares decreased by 3.71% to $7.79 during Friday's session. The company's market cap stands at $456.0 million.
The decrease in Fanhua's stock price indicates negative investor sentiment, which could lead to further short-term losses.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
FG Finl Gr's shares fell 3.24% to $1.65. The market value of their outstanding shares is at $16.9 million.
The decrease in FG Finl Gr's stock price indicates negative investor sentiment, which could lead to further short-term losses.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100