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home / news releases / PGR - Hot Stocks: PGR drops on earnings; CNSL rises on buyout offer; MRK higher on analyst upgrade; EDIT gains; HOG slides

PGR - Hot Stocks: PGR drops on earnings; CNSL rises on buyout offer; MRK higher on analyst upgrade; EDIT gains; HOG slides

Progressive Corporation

2023-04-13 12:26:37 ET

  • Following lower-than-expected Producer Prices in March and higher-than-expected Jobless Claims, the main market averages climbed on Thursday, easing fears about the Fed hiking interest rates rapidly when it meets in early May.

  • Tracking individual stocks, Progressive ( NYSE: PGR ) shares fell on lower-than-expected Q1 earnings, while Editas ( NASDAQ: EDIT ) shares rose on the appointment of a new board chair.

  • Consolidated Communications Holdings ( NASDAQ: CNSL ) stock rose in response to a purchase bid.

For further details see:

Hot Stocks: PGR drops on earnings; CNSL rises on buyout offer; MRK higher on analyst upgrade; EDIT gains; HOG slides
Stock Information
Company Name: Progressive Corporation
Stock Symbol: PGR
Market: NYSE
Website: progressive.com
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