Why Prudential (PRU) Stock Is Trading Up Today
Update: 2025-10-30
Description
Prudential Financial's shares surged by 2.7% in early trading after reporting robust third-quarter results, beating analysts' expectations with adjusted earnings of $4.26 per share and revenue of $16.24 billion. However, the company's book value per share missed expectations, and the stock price settled at $103.94, still up from the previous day. Despite the positive earnings surprise, Prudential's shares are down 12% this year and trading near a 20% discount to their 52-week high. Investors are watching how the company adapts to new tech and automation, as the broader market focuses on financial firms' future positioning.
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