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Why is Progressive Corp (PGR) Stock down?
13 Jul, 2023:
PGR's stock fell 13.12% after the company released second quarter results that missed analysts’ estimates. PGR's combined ratio - a measure of underwriting profitability - came in worse than expected. Mayfield Village, Ohio-based Progressive was the worst performer among S&P 500 stocks on the day.
https://finance.yahoo.com/news/progressive-heads-worst-day-since-193312745.html
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