Insurance Stocks Moving In Friday's Intraday Session
Portfolio Pulse from Benzinga Insights
In Friday's intraday session, insurance stocks saw notable movements. Marpai, SelectQuote, Cheche Group, Huize Holding, Hippo Holdings, and BRP Group were among the gainers, with increases ranging from 3.23% to 10.71%. On the downside, Prudential, Prudential Financial, Abacus Life, Reliance Global Group, Root, and Abacus Life experienced declines between 1.46% and 2.84%. SelectQuote and Prudential Financial released their Q2 and Q4 earnings respectively, which may have influenced their stock movements.

February 09, 2024 | 5:40 pm
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POSITIVE IMPACT
Marpai's stock rose 10.71% to $1.24, with a trading volume of 161.7K shares.
The significant rise in Marpai's stock price, despite the trading volume being 0% of its average, suggests positive investor sentiment, potentially leading to short-term upward momentum.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
POSITIVE IMPACT
SelectQuote's shares increased by 6.77% to $1.26 following their Q2 earnings release.
SelectQuote's stock price increase following its Q2 earnings announcement indicates a positive market reaction, likely contributing to short-term bullish sentiment.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 95
NEGATIVE IMPACT
Prudential Financial's stock fell 2.57% to $105.82 after their Q4 earnings were announced.
The decline in Prudential Financial's stock price following its Q4 earnings release suggests a negative market response, potentially leading to short-term bearish momentum.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 95