Kemper stock plunges after Q2 earnings miss; cut to Underweight at Piper

17 hours ago 1
Firefighters At A Car Accident Scene

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Kemper (NYSE:KMPR) shares nosedived 22% in Wednesday morning trading after the insurance company posted worse-than-expected second-quarter results, prompting Piper Sandler to downgrade the stock to Underweight from Overweight.

Adjusted net operating income per share of $1.30, falling short of the $1.51 average analyst

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