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TRUP - Why Trupanion's Stock Dropped 15.2% in September
Trupanion Inc.
Trupanion (NASDAQ: TRUP) endured a rocky September as the pet insurer's stock price plummeted by 15.2%, according to S&P Global Market Intelligence .
It was a difficult month across the board on Wall Street -- the S&P 500 had its worst showing since March 2020, losing 4.8%, and the Nasdaq was down 5.3% -- but Trupanion underperformed even those tepid benchmarks. The stock is currently trading at about $79 and was down about 34% year to date as of Tuesday.