Why HCI Group (HCI) Dipped More Than Broader Market Today

HCI Group (HCI) closed at $106.25 in the latest trading session, marking a -1.08% move from the prior day. The stock trailed the S&P 500, which registered a daily loss of 0.19%. Elsewhere, the Dow lost 0.7%, while the tech-heavy Nasdaq added 0.04%. Prior to today's trading, shares of the property and casualty insurance holding company had gained 13.18% over the past month. This has outpaced the Finance sector's gain of 1.52% and the S&P 500's gain of 1.95% in that time. The investment community will be clos ...