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Shares of pet insurance pioneer, Trupanion (NASDAQ: TRUP) soared in 2020 along with new pet adoptions. A net loss that was larger than expected, though, has kept the stock depressed since the company reported first-quarter earnings.
Is now a good time to buy the only pure-play stock in the pet insurance space or could there be more losses ahead? To help you decide, here are the main arguments for and against buying Trupanion stock right now.