Hagerty, Inc. (HGTY) shares are experiencing downward pressure today, likely influenced by broader market concerns following a robust U.S. jobs report. The report, released on January 10th, indicated stronger-than-expected job growth, which has raised fears of sustained inflation and potentially higher interest rates. This macroeconomic backdrop is weighing on the overall market, with the S&P 500, Dow Jones
Hagerty, Inc. (HGTY) shares are experiencing an uptick today, likely influenced by broader industry trends highlighted by a recent statement from OpenRoad, a competitor in the classic and collector car insurance market. On January 2, 2025, OpenRoad pointed out that classic car owners are facing significant insurance rate hikes, which could drive more customers towards specialized insurers like Hagerty that