|Bid||0.00 x 1000|
|Ask||0.00 x 900|
|Day's Range||60.31 - 62.54|
|52 Week Range||57.52 - 120.00|
|Beta (5Y Monthly)||0.08|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
On a day when Wall Street is getting a relief rally as investors reassess a possibly less severe Omicron variant, pet insurance outfit Trupanion (NASDAQ: TRUP) is up a whopping 39% as of 2:10 p.m. ET. The big news is that pet e-commerce leader Chewy (NYSE: CHWY) is making its foray into pet insurance, and has decided to partner with Trupanion to do so. Chewy will offer its some 20 million customers access to wellness and insurance plans for accidents, illnesses, and chronic conditions for dogs and cats.
Investors kept regaining their confidence in the economy's ability to bounce back from adversity, and that kept stock market benchmarks moving higher. The S&P 500 (SNPINDEX: ^GSPC) gained 97 points to 4,688, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) was up 461 points to 15,686. The thrashing that stock markets have suffered has opened the door to some bargain opportunities, and companies that are successfully navigating choppy waters are getting rewarded.
CHWY, OLLI, SBUX, ENS, and FRPT have been added to the Zacks Rank #5 (Strong Sell) List on December 7, 2021.