Why Prudential Stock Rose 11% in August

Shares of Prudential (NYSE: PRU) outpaced a booming market in August. The stock rose 10% versus the S&P 500's 7% increase, according to data provided by S&P Global Market Intelligence.

That rally erased just a small part of recent losses for the insurance giant, though. Shares remain lower by over 25% so far in 2020.

Image source: Getty Images.

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Source Fool.com