Insurance Stocks Moving In Wednesday's Intraday Session
Portfolio Pulse from Benzinga Insights
Insurance stocks experienced significant movements in Wednesday's intraday session. Marpai, Hippo Holdings, SelectQuote, GoHealth, Fidelis Insurance Holdings, and Fanhua were among the gainers, with notable increases in their stock prices. On the other hand, Crawford, Huize Holding, Waterdrop, Cheche Group, and Conifer Holdings faced declines. The movements were attributed to various factors including recent Q4 earnings reports for some companies.
March 06, 2024 | 5:40 pm
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NEGATIVE IMPACT
Crawford's shares fell by 5.74% to $8.54, following its Q4 earnings report released 2 days ago.
The decline in Crawford's stock price may be a reaction to its Q4 earnings report, possibly indicating investor disappointment.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Hippo Holdings saw a 23.58% increase to $17.87, coinciding with the release of its Q4 earnings.
The stock price increase is likely influenced by the company's Q4 earnings report, which may have exceeded market expectations.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 90
POSITIVE IMPACT
Marpai's stock surged 29.41% to $1.98 with a trading volume of 5.7 million, indicating strong investor interest.
The significant increase in Marpai's stock price suggests positive investor sentiment, potentially due to company-specific news or broader market trends.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90