Why Progyny Stock Popped 12.5% Today

Progyny (NASDAQ: PGNY), the employer-sponsored fertility benefits manager that went public at the end of October, filed its first earnings report as a public company on Wednesday. The announcement that it beat earnings and sales estimates helped to lift its stock nearly 6% in Thursday trading, and today, Progyny is up once again -- this time, adding 12.5% through 2:15 p.m. EST on Friday.  

We haven't written anything about Progyny just yet here at The Motley Fool, but between the earnings report and the stock surge that followed, now seems like a good time to take a look.

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Source Fool.com