TRUP - Why Trupanion Stock Soared 28% in June
Trupanion (NASDAQ: TRUP) stock soared 27.7% last month, according to data from S&P Global Market Intelligence . This pop was probably driven by some investors viewing the stock as an attractive buy after the sell-off that began earlier in the year.
For context, the S&P 500 returned 2.3% in June.
Despite pulling back since February, shares of the provider of medical insurance plans for cats and dogs (which held its initial public offering in 2014) gained 169% over the one-year period through July 2. The broader market returned 41.2% over this period.
For further details see:
Why Trupanion Stock Soared 28% in June