Travelers Q3: Beating Expectations, Stock Dips

Travelers crushed earnings expectations with a 5.2% sales jump and a whopping 29% profit-per-share beat, fueled by smart underwriting and investment gains. So why did the stock tank? Investors are spooked by slowing premium growth despite Travelers' tech investments and plans for massive share buybacks. Can Travelers navigate weather volatility, social inflation, and tariffs to maintain its winning streak?The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.