Palomar Holdings: CEO Sells, Stock Dips – Opportunity or Risk?

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Saturdays

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Palomar Holdings' stock dipped after CEO Mac Armstrong sold $580,000 in shares, sparking investor concern. Was it a red flag or routine? Palomar's history of volatility, including a recent 14% drop after mixed earnings, has investors on edge, especially regarding their underwriting profitability. Despite being up nearly 10% this year, the stock is still far from its peak, leaving investors to weigh opportunity versus risk. Hosted on Acast. See acast.com/privacy for more information.

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