SLQT - Why Shares of SelectQuote Are Trading Higher Today
Shares of insurance platform SelectQuote (NYSE: SLQT) rose more than 10% in the morning after the company reported earnings results that beat expectations.
SelectQuote is a decades-old insurance platform that helps consumers purchase complex senior health, life, auto, and home insurance policies from a curated panel of the nation's leading insurance carriers .
The company doesn't provide the insurance, but instead matches consumers looking to buy it with insurance carriers. SelectQuote earns commissions from the insurance carriers for the policies it sells on their behalf.
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Why Shares of SelectQuote Are Trading Higher Today