Insurance Stocks Moving In Friday's Intraday Session
Portfolio Pulse from Benzinga Insights
In Friday's intraday session, insurance stocks saw significant movements. Hartford Finl Servs Gr, Huize Holding, Fanhua, Selective Insurance Gr, Oscar Health, and Assured Guaranty were among the gainers, with increases in their stock prices. On the other hand, Tian Ruixiang Holdings, Kemper, Reinsurance Gr, Brookfield Reinsurance, American Coastal, and FG Finl Gr experienced declines. Notably, several companies recently released their Q4 earnings, which may have influenced these movements.
February 02, 2024 | 5:40 pm
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POSITIVE IMPACT
Hartford Finl Servs Gr's stock rose 4.19% to $90.72, with a market cap of $26.7 billion following their Q4 earnings release.
The positive movement in HIG's stock price is likely due to the recent release of their Q4 earnings, indicating investor optimism.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
Kemper's shares fell 5.11% to $57.46, with a market cap of $3.8 billion, following their Q4 earnings announcement.
Kemper's stock decline is likely a reaction to their Q4 earnings report, possibly due to investor disappointment or concerns.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
Reinsurance Gr's stock decreased by 4.23% to $164.62, with an $11.3 billion market cap, after their Q4 earnings were released.
The drop in RGA's stock price can be attributed to the market's reaction to their Q4 earnings, suggesting potential investor concerns.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90