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Barchart
Barchart
Aditya Sarawgi

Is Wall Street Bullish or Bearish on Arch Capital Stock?

Arch Capital ACGL

Valued at $33.9 billion by market cap, Pembroke, Bermuda-based Arch Capital Group Ltd. (ACGL) together with its subsidiaries, provides insurance, reinsurance, and mortgage insurance products in the U.S, Canada, Bermuda, the U.K., Europe, and Australia.

The insurance giant has significantly underperformed the broader market over the past year. ACGL stock has plunged 10.8% over the past 52 weeks and 1.8% on a YTD basis, compared to the S&P 500 Index’s ($SPX) 16.4% gains over the past year and 9.7% returns on a YTD basis.

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