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Why Trupanion Stock Soared 28% in June


Trupanion (NASDAQ: TRUP) stock soared 27.7% last month, according to data from S&P Global Market Intelligence. This pop was probably driven by some investors viewing the stock as an attractive buy after the sell-off that began earlier in the year.

For context, the S&P 500 returned 2.3% in June.

Despite pulling back since February, shares of the provider of medical insurance plans for cats and dogs (which held its initial public offering in 2014) gained 169% over the one-year period through July 2. The broader market returned 41.2% over this period. 

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Source Fool.com

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