RLI's Earnings Surprise: A Jolt to the Insurance Stock

RLI stock jumps after surprising Wall Street with strong Q3 earnings, beating estimates by 19% and signaling robust business performance. While shares settled up nearly 3%, this unusual move for the typically stable stock highlights the impact of positive results. Despite a year-to-date dip, long-term investors have seen solid growth, and RLI's story underscores the power of fundamentals and timely results in driving stock movement.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.