Hippo Holdings (HIPO) Surges 18.2%: Is This an Indication of Further Gains?

Hippo Holdings Inc. (HIPO) shares soared 18.2% in the last trading session to close at $22.17. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 8.4% gain over the past four weeks.Growth in placements of policies for customers with third-party carriers and growth of existing programs boosted by higher risk retention with some of the programs.  should continue to drive solid performance of services and insurance segments.Leveraging ...