Safety Insurance Group (SAFT) Stock Soars Over 37% After Hours: Here's Why
Safety Insurance Group Inc. (NASDAQ:SAFT) shares jumped 37.58% to $100.35 in after-hours trading on Thursday after the Massachusetts-based insurer announced a definitive agreement to be acquired by an affiliate of
Safety Insurance Group agreed to be bought by another company, which made its stock price jump way up after the market closed. When a company gets bought, the stock usually goes up because shareholders get paid for their shares, but you should watch to see if the deal actually closes.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.