Amazon.com Inc. Stock Outperforms Market On Strong Trading Day

James River Group Holdings Ltd

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Financials : Insurance | Small Cap Value
Based in Bermuda

Company profile

James River Group Holdings, Ltd. owns and operates a group of specialty insurance and reinsurance companies. It operates in four segments: Excess and Surplus Lines, Specialty Admitted Insurance, Casualty Reinsurance and Corporate and Other. Excess and Surplus Lines segment offers commercial excess and surplus lines liability and property insurance. Specialty Admitted Insurance segment approaches the insurance market in two ways: as a risk bearing underwriter, and as a fronting company. Its risk bearing underwriting is focused on niche classes within the insurance markets, such as workers’ compensation coverage for residential contractors, light manufacturing operations, transportation workers and healthcare worker. Casualty Reinsurance segment primarily provides proportional and working layer casualty reinsurance to third parties (primarily through reinsurance intermediaries). Corporate and Other segment consists of the management and treasury activities of its holding companies.

Amazon.com Inc. Stock Outperforms Market On Strong Trading Day

4:30 pm ET June 29, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Amazon.com Inc. AMZN advanced 1.42% to $108.92 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA rising 0.27% to 31,029.31 and the S&P 500 Index SPX falling 0.07% to 3,818.83. The stock's rise snapped a two-day losing streak. Amazon.com Inc. closed $79.73 below its 52-week high ($188.65), which the company reached on July 13th.

The stock outperformed some of its competitors Wednesday, as eBay Inc. EBAY rose 0.05% to $42.67, Alphabet Inc. Cl A GOOGL fell 0.27% to $2,234.03, and Walmart Inc. WMT fell 0.37% to $121.92. Trading volume (66.1 M) remained 29.1 million below its 50-day average volume of 95.2 M.

Data source: Dow Jones Market Data, FactSet. Data compiled June 29, 2022.

(END) Dow Jones Newswires

June 29, 2022 16:30 ET (20:30 GMT)