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Updated · MarketWatch · Apr 30Arch Capital stock rises but underperforms competitors
6 articles · Updated · MarketWatch · Apr 30
- Shares gained 1.88% to $94.46 on Thursday, while the S&P 500 rose 1.02% and the Dow Jones Industrial Average climbed 1.62%.
- Arch Capital ended 8.64% below its 52-week high of $103.39, reached on 6 February.
- Among peers, Everest Group rose 3.71%, AXIS Capital added 2.50%, and W.R. Berkley slipped 0.18%, leaving Arch Capital's advance comparatively muted.
Despite profits surging nearly 80%, why did Arch Capital's stock lag behind its rivals? With insiders selling shares, is this top-performing insurer a hidden bargain or a value trap?