KNSL - Why Kinsale Capital Jumped 23.5% Higher in June
2023-07-06 14:07:06 ET
Kinsale Capital (NYSE: KNSL) stock rallied in June, with shares up 23.5%, according to data provided by S&P Global Market Intelligence . The stock built on its strong performance thus far in 2023, gaining 41% since the start of the year.
Kinsale Capital stock has crushed the S&P 500 since going public in 2016 . Its recent surge in June came following an upgrade and a price target increase from an analyst covering the stock.
Kinsale Capital writes insurance policies on hard-to-place risks. These policies are outside traditional property and casualty (P&C), and cover excess and surplus (E&S) risks that others don't.
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Why Kinsale Capital Jumped 23.5% Higher in June