Skyward Specialty Insurance Soars on Acquisition News

Skyward Specialty Insurance stock surged by nearly five percent following the companys acquisition of Apollo Group Holdings and positive financial forecasts for 2026. The acquisition is set to be finalized in Q1 2026, with projected premiums between $2.65B and $2.8B and net income between $207M and $216M. Analysts maintained a Buy rating and raised the price target to $80 per share. The stock closed up 4.2% at $47.07, marking a welcome change after a three-point-eight percent decline this year. Early investors, who bought at the IPO in 2023, would now see their $1,000 investment grow to around $2,470.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.