Insurance Stocks Moving In Wednesday's Intraday Session
Portfolio Pulse from Benzinga Insights
During Wednesday's intraday session, insurance stocks saw significant movement. Gainers included Root (NASDAQ:ROOT), Kingstone Companies (NASDAQ:KINS), Universal Insurance Hldgs (NYSE:UVE), Maiden Hldgs (NASDAQ:MHLD), Brighthouse Finl (NASDAQ:BHFAN), and Palomar Hldgs (NASDAQ:PLMR). Losers included FG Finl Gr (NASDAQ:FGF), Abacus Life (NASDAQ:ABL), Tian Ruixiang Holdings (NASDAQ:TIRX), Global Indemnity Group (NYSE:GBLI), MBIA (NYSE:MBI), and Cheche Group (NASDAQ:CCG).
October 11, 2023 | 5:40 pm
News sentiment analysis
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NEGATIVE IMPACT
Abacus Life's stock decreased by 4.01% to $6.72.
The decrease in Abacus Life's stock price is likely due to negative market sentiment.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Cheche Group's stock declined by 3.54% to $7.1.
The decrease in Cheche Group's stock price is likely due to negative market sentiment.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
FG Finl Gr's stock declined by 4.93% to $1.35.
The decrease in FG Finl Gr's stock price is likely due to negative market sentiment.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Global Indemnity Group's stock decreased by 3.74% to $35.16.
The decrease in Global Indemnity Group's stock price is likely due to negative market sentiment.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
MBIA's stock declined by 3.67% to $6.45.
The decrease in MBIA's stock price is likely due to negative market sentiment.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Tian Ruixiang Holdings' stock fell 3.88% to $0.82.
The decrease in Tian Ruixiang Holdings' stock price is likely due to negative market sentiment.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Brighthouse Finl's stock rose 2.4% to $17.02.
The increase in Brighthouse Finl's stock price is likely due to positive market sentiment.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Kingstone Companies' shares increased by 2.95% to $1.74.
The increase in Kingstone Companies' stock price is likely due to positive market sentiment.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Maiden Hldgs' shares increased by 2.49% to $1.64.
The increase in Maiden Hldgs' stock price is likely due to positive market sentiment.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Palomar Hldgs' stock rose 2.36% to $52.02.
The increase in Palomar Hldgs' stock price is likely due to positive market sentiment.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Root's stock rose 3.73% to $10.28 during Wednesday's session.
The increase in Root's stock price is likely due to positive market sentiment.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Universal Insurance Hldgs' shares increased by 2.52% to $13.83.
The increase in Universal Insurance Hldgs' stock price is likely due to positive market sentiment.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100