Why Kinsale Capital Jumped 23.5% Higher in June
Kinsale Capital (NYSE: KNSL) stock rallied in June, with shares up 23.5%, according to data provided by S&P Global Market Intelligence. The stock built on its strong performance thus far in 2023, gaining 41% since the start of the year.
Kinsale Capital stock has crushed the S&P 500 since going public in 2016. Its recent surge in June came following an upgrade and a price target increase from an analyst covering the stock.
Kinsale Capital writes insurance policies on hard-to-place risks. These policies are outside traditional property and casualty (P), and cover excess and surplus (E) risks that others don't.
Source Fool.com
