Insurance Stocks Moving In Wednesday's Intraday Session
Portfolio Pulse from Benzinga Insights
In Wednesday's intraday session, insurance stocks saw significant movement. Marpai (MRAI) experienced a substantial increase of 90.35%, while Reliance Global Group (RELI) and Lemonade (LMND) also saw gains. Conversely, Donegal Gr (DGICB), Palomar Hldgs (PLMR), and others faced declines. The article highlights the percentage changes, current trading volumes, and market caps of these companies.
November 22, 2023 | 5:40 pm
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POSITIVE IMPACT
Lemonade's stock increased by 5.0% to $16.82, with a current volume of 735.8K shares and a market cap of $1.1 billion.
Lemonade's moderate gain suggests a positive trend that could continue in the short term, but the impact may be less pronounced compared to larger percentage changes.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Marpai's stock soared by 90.35% to $2.76 with a trading volume of 34.6 million shares, significantly impacting its market cap of $20.7 million.
The dramatic rise in Marpai's stock price, especially with such a high percentage increase, is likely to draw investor attention and could lead to short-term positive momentum.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Reliance Global Group's shares increased by 36.44% to $1.16 with a trading volume of 5.8 million shares, affecting its market cap of $2.1 million.
The significant gain in RELI's stock price could indicate positive investor sentiment and potential for further short-term gains.
CONFIDENCE 80
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
Donegal Gr's shares fell by 5.31% to $12.5 with a trading volume of 1.4K shares, impacting its market cap of $452.1 million.
The decline in DGICB's stock price could lead to negative sentiment and potential short-term downward pressure on the stock.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Palomar Hldgs stock decreased by 3.34% to $57.62, with a trading volume of 60.9K shares and a market cap of $1.4 billion.
Palomar Hldgs's stock price drop could suggest a negative outlook, potentially leading to further short-term declines.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 70