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Here's Why Shares of SelectQuote Are Exploding Higher This Week

TheMotleyFool

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Here's Why Shares of SelectQuote Are Exploding Higher This Week: https://g.foolcdn.com/editorial/images/699953/generic-upward-direction.jpg

As of Friday morning's prices, shares of online insurance platform SelectQuote (NYSE: SLQT) had popped by 62% for the week, according to data provided by S&P Global Market Intelligence.

The company's stock price has been extremely volatile since it reported earnings results on Aug. 29.

For the fourth quarter of its fiscal 2022, which ended on June 30, SelectQuote reported a loss of $0.64 per diluted share on total revenue of roughly $139.4 million.

Source Fool.com

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