Hot Paths

Kemper downgraded at Raymond James on CEO change; stock slides (KMPR:NYSE)

Insurance agent conducts inspection of the damaged car by filling out documents

megaflopp/iStock via Getty Images

Kemper Corp. (NYSE:KMPR) shares gapped down 7.4% in Wednesday morning trading as news of an abrupt CEO transition prompted Raymond James to downgrade the insurance company to Market Perform from Outperform.

That brings the stock’s year-to-date loss to ~30%, compared

Exit mobile version