Why Selective Insurance Group Shares Are Trading Lower By Around 15%? Here Are Other Stocks Moving In Friday's Mid-Day Session
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 19 2024
0mins
Source: Benzinga
Selective Insurance Group Performance: Shares of Selective Insurance Group fell 14.8% after reporting quarterly losses of $1.10 per share, missing analyst estimates of $1.49, along with sales of $1.196 billion that also fell short of the $1.204 billion expectation.
Stock Movements: Several stocks experienced significant changes, with Augmedix, Inc. surging 148.8% due to an acquisition announcement, while SunPower Corporation and Hyzon Motors Inc. saw sharp declines of 45.8% and 42%, respectively, following disappointing news.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy ?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
