Why Verisk Analytics Stock Jumped 12.1% in March
Verisk Analytics (NASDAQ: VRSK) had a good month as its stock price rose 12.1% in March, according to S&P Global Market Intelligence. The stock is trading at around $190 per share as of April 7, up 7.9% year to date.
The stock outperformed the major market indexes, which were all up in March, with the S&P 500 and the Nasdaq Composite climbing 3.5% and the Dow Jones Industrial Average rising 1.9%.
Verisk Analytics is a research, consulting, and analytics firm for the insurance industry. Veriskʻs stock price surged early in the month of March after it reported strong fourth-quarter and year-end earnings on Feb. 28, beating earnings and revenue estimates.
Source Fool.com