Why Progyny Stock Is Soaring Today
Shares of leading fertility and women's health benefits manager Progyny (NASDAQ: PGNY) are up 18% as of 11 a.m. ET on Friday, according to data provided by S&P Global Market Intelligence.
Progyny reported third-quarter earnings Thursday afternoon and sailed past analysts' expectations, leading to today's soaring stock price.
The company's all-important "selling season" in Q3 saw sales increase by 9%, while management expects its client count and covered lives to rise by 13% apiece once all new clients go live in 2026.
Source Fool.com
