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Progressive (PGR)

Stock (Financial Services Industry, Insurance Industry, Property & Casualty Insurance Industry)

Share price dropped from $22.41 to $20.99 as Progr severe weatherShare price fell from $23.40 to $22.34 amid announ Share price fell from $23.40 to $22.34 amid announcements that Progressive has lost a law suit in which the jury awarded the litigant $61 million. Progressive believes the jury was mistaken, and is appealing the decision. Share price jumped from $22.37 to $23.75 due to Pr Share price jumped from $22.37 to $23.75 due to Progressive's announcement of higher-than-expected profits and resulting higher dividends. On the following day, December 7, Progressive issued dividends of $0.875 per share, or 0.3% of share price.

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