Hippo shares trade up 16%, continuing post-Ida recovery
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Hippo shares trade up 16%, continuing post-Ida recovery

Eli Rallo
September 07, 2021
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Hippo logo palo alto new.jpg

Shares in Palo Alto-based InsurTech Hippo traded up 16% to $6.05 a share on Tuesday, continuing a rebound in the stock after tumbling after Hurricane Ida slammed into the Northeast.

The stock for the homeowners’ MGA is now also up 38% since Hippo disclosed in a Securities and Exchange (SEC) filing last Thursday additional details regarding its 161% second quarter loss ratio.

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Eli Rallo
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