Insurance Stocks Rebound As Investors Assess Hurricane Milton's Aftermath: 3 Stocks To Watch
Insurance Stocks Rebound As Investors Assess Hurricane Milton's Aftermath: 3 Stocks To Watch
Meanwhile, Insurance Stocks Rebound As Investors Assess Hurricane Milton's Aftermath: X To Watch
投資者評估颶風米爾頓後的情況，保險股票反彈：關注X
Many experts warned that Hurricane Milton could be the worst storm in U.S. history. It made landfall Wednesday on the west coast of Florida, causing flooding and wind damage and leaving millions without power. While the full scope of the storm's damage is unknown, it was a Category 3, less powerful than initially anticipated.
許多專家警告稱，颶風米爾頓可能是美國曆史上最嚴重的風暴。本週三登陸佛羅里達西海岸，引發洪水和風災，導致數百萬人斷電。雖然風暴造成的損失尚不明確，但它是3級颶風，比最初預期的弱勢一些。
On Thursday, as the immediate threat from Hurricane Milton began to diminish, investors cautiously responded by purchasing shares of companies that had been significantly affected in the lead-up to the storm. Many insurance stocks with exposure to Florida dropped sharply the week before Milton made landfall as traders and investors braced for potential catastrophic impacts.
HCI Corp (NYSE:HCI), American Coastal Insurance Corp (NYSE:ACIC) and Heritage Insurance Holdings (NYSE:HRTG) are three insurance companies that serve the Florida market. Each stock traded down more than 15% heading into the storm as investors worried about the storm's potential to cause billions of dollars of damage.
But Thursday morning, after the worst of the storm passed through the Sarasota and Tampa Bay regions, shares of the insurance companies traded higher. By midday Thursday, American Coastal shares traded higher by around 7%, HCI shares were up around 6%, and Heritage's stock was up around 3%.
In addition to the insurance stocks, Mosiac Co (NYSE:MOS) a chemical company with mines in Florida, traded higher by more than 3%. Mosaic shares had sold off ahead of the storm as investors worried about Milton flooding Mosiac's mines.
週四，隨着颶風米爾頓的直接威脅開始減弱，投資者謹慎地開始購買在颶風來臨前受到重大影響的公司股票。許多在佛羅里達有敞口的保險股在風暴登陸前一週大幅下跌，因爲交易員和投資者擔心可能造成災難性影響。
HCI公司（紐交所: HCI）、美國海岸保險公司（紐交所: ACIC）和遺產保險控股公司（紐交所: HRTG）是三家服務佛羅里達市場的保險公司。每家公司的股價在風暴來臨前下跌了超過15%，投資者擔心風暴可能造成數十億美元的損失。
然而，週四早上，在風暴經過薩拉索塔和坦帕灣地區最嚴重部分後，保險公司股票價格上漲。到週四中午時分，美國海岸股價上漲約7%，HCI股價上漲約6%，遺產公司股價上漲約3%。
除了保險股票，擁有佛羅里達礦山的化工公司Mosaic Co（紐交所: MOS）股價上漲超過3%。在風暴來臨前，Mosaic股價出現拋售，因爲投資者擔心米爾頓會淹沒Mosaic的礦山。
Meanwhile, Generac Holdings Inc. (NYSE:GNRC) traded lower on Thursday. Generac, a company that produces generators for homes and businesses, tends to trade higher during natural disasters when people are left without power and reliant on solutions like generators.
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與此同時，Generac控股公司（紐交所: GNRC）週四下跌。Generac是一家爲家庭和企業生產發電機的公司，在自然災害期間傾向於上漲，當人們沒有電力依賴像發電機這樣的解決方案。
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Photo courtesy of NASA.
照片由美國宇航局提供。
