Insurance Stocks Moving In Wednesday's Intraday Session
Portfolio Pulse from Benzinga Insights
In Wednesday's intraday session, insurance stocks saw movement with Reliance Global Group, Fanhua, Huize Holding, SelectQuote, GoHealth, and Lemonade experiencing gains, while Kinsale Cap Gr, RenaissanceRe Holdings, CNA Financial, United Fire Gr, Arch Capital Group, and Conifer Holdings faced losses. The changes in stock prices were accompanied by trading volumes that were in line with their respective average full-day volumes over the last 100 days.
December 06, 2023 | 5:40 pm
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NEGATIVE IMPACT
Arch Capital Group stock decreased by 2.3% to $79.97 with a market cap of $30.6 billion.
ACGL's decline in stock price could have a negative short-term impact, with a significant market cap highlighting its market importance.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
CNA Financial shares decreased by 2.64% to $42.1 with a market cap of $11.7 billion.
The decrease in CNA's stock price is likely to have a negative short-term impact, reinforced by its large market cap.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Conifer Holdings stock decreased by 2.26% to $1.3 with a market cap of $10.3 million.
CNFR's stock price decrease suggests a negative short-term impact, though the small market cap may limit the extent of its influence.
CONFIDENCE 70
IMPORTANCE 40
RELEVANCE 60
NEGATIVE IMPACT
Kinsale Cap Gr shares declined by 3.66% to $329.06 with a market cap of $7.9 billion.
The drop in KNSL's stock price could negatively affect its short-term performance, especially given its substantial market cap.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
RenaissanceRe Holdings stock fell 2.73% to $202.94 with a market cap of $10.9 billion.
RNR's stock price decline indicates a negative short-term impact, with a high market cap suggesting significant market presence.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
United Fire Gr stock decreased by 2.33% to $20.96 with a market cap of $542.1 million.
UFCS's stock price drop suggests a negative short-term impact, with a moderate market cap indicating some market influence.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 70
POSITIVE IMPACT
Fanhua's stock increased by 5.35% to $6.59 with a market cap of $374.4 million.
FANH's stock price gain indicates a positive short-term impact, supported by a moderate market cap.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 70
POSITIVE IMPACT
GoHealth stock rose 3.8% to $14.72 with a market cap of $135.4 million.
GOCO's stock price gain is a positive indicator for short-term impact, though the market cap suggests a moderate level of influence.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 70
POSITIVE IMPACT
Huize Holding shares increased by 5.17% to $0.92 with a market cap of $48.6 million.
The increase in HUIZ's stock price is a positive sign, but the relatively small market cap may limit broader market impact.
CONFIDENCE 75
IMPORTANCE 40
RELEVANCE 70
POSITIVE IMPACT
Lemonade shares rose 3.77% to $18.16 with a market cap of $1.2 billion.
LMND's stock price increase, coupled with a significant market cap, suggests a strong positive short-term impact.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
Reliance Global Group's stock rose by 5.91% to $0.84 with a market cap of $1.9 million.
The significant percentage increase in RELI's stock price suggests a positive short-term impact, but the small market cap indicates limited market influence.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
SelectQuote's shares moved upwards by 3.93% to $1.32 with a market cap of $214.6 million.
SLQT's stock price increase suggests a positive short-term impact, with a market cap indicating a moderate level of market activity.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 70