Shares of Heritage Insurance Holdings, Inc. (HRTG) are falling more than 10% Thursday morning, trading at $5.64.
The property and casualty insurance provider with a market cap of about $144 million said it expects about $40 million catastrophe
loss for the third quarter.
The catastrophe losses during the quarter included loss from the Maui Wildfire, as well as due to Hurricane Idalia.
HRTG has traded in the range of $1.12 – $6.70 in the last 1 year.
Source: Read Full Article
Lates News:
-
Bitcoin Slumps Below $23,000 As Investors Assess Impact of Federal Reserve Interest Rate Moves
-
Cryptos Decline As Fuel Price Surge Renews Rate Hike Fears
-
Valkyrie Goes Back To The Drawing Board: Submits Amended Spot Bitcoin ETF Application To SEC
-
Singapore Sees Soaring Bitcoin and Ethereum Trade on DBS Digital Exchange
-
Tesla Sells 75% of Its Bitcoin (Because of COVID Lockdowns) but None of Its Dogecoin