Here's Why Trupanion Stock Is Soaring Today

The stock market was having a so-so day on Tuesday, with most major indexes hovering near the flatline throughout most of the morning. However, pet insurance provider Trupanion (NASDAQ: TRUP) was a major exception -- as of 11 a.m. EDT, the stock was higher by more than 12%.

Today's move appears to be driven by Trupanion's addition to the S&P SmallCap 600 index, where it will be replacing Ring Energy (NYSEMKT: REI).

Image source: Getty Images.

Continue reading

Source Fool.com