Insurance Stocks Moving In Wednesday's Intraday Session
Portfolio Pulse from Benzinga Insights
Insurance stocks saw significant movement during Wednesday's intraday session. Gainers included Mercury General (MCY), FG Finl Gr (FGFPP and FGF), Kingstone Companies (KINS), Citizens (CIA), and Brighthouse Finl (BHFAP). Losers included Oscar Health (OSCR), Huize Holding (HUIZ), Cheche Group (CCG), Bright Health Gr (BHG), Hallmark Financial Servs (HALL), and Root (ROOT).
November 01, 2023 | 5:40 pm
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POSITIVE IMPACT
Mercury General's stock rose by 19.49% to $36.9 during Wednesday's session. The company's Q3 earnings were released yesterday.
The significant rise in Mercury General's stock price is likely due to the release of their Q3 earnings, which typically have a strong impact on a company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Oscar Health's shares fell by 4.2% to $4.91 during Wednesday's session.
The decrease in Oscar Health's stock price could be due to a variety of factors, including market trends, investor sentiment, or company-specific news.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Root's stock decreased by 1.89% to $8.87 during Wednesday's session. The company's Q3 earnings were released today.
The decrease in Root's stock price is likely due to the release of their Q3 earnings, which typically have a strong impact on a company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100