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Why Shares of Essent Group Are Higher Today


Shares of Essent Group (NYSE: ESNT) gained more than 12% on Wednesday after the financial services company was added to the Standard & Poor's MidCap 400 index.

Essent is a Bermuda-based provider of mortgage insurance, reinsurance, and risk management products. The company generally flies under the radar and is not a household name, but it is about to get more attention from investors.

Image source: Getty Images.

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Source Fool.com

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