Progressive (PGR) Stock Drops Despite Market Gains: Important Facts to Note

Progressive (PGR) closed the latest trading day at $243.68, indicating a -0.76% change from the previous session's end. The stock's performance was behind the S&P 500's daily gain of 1%. On the other hand, the Dow registered a gain of 0.78%, and the technology-centric Nasdaq increased by 1.51%.The insurer's stock has climbed by 2.43% in the past month, exceeding the Finance sector's loss of 0.44% and the S&P 500's loss of 2.14%.Investors will be eagerly watching for the performance of Progressive in its upc ...