Why Shares of Hippo Holdings Popped Today

Shares of the home insurance company Hippo Holdings (NYSE: HIPO) had jumped nearly 34% as of 11:22 a.m. ET today after the company announced earnings results for the first quarter of 2022.

Hippo reported a loss per share of $0.12 on total revenue of $24.5 million, both numbers that missed analyst estimates for the quarter.

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Source Fool.com