Trupanion Inc. has now started trading on the New York Stock Exchange and is off to a strong start. At a time in which pet insurance is truly beginning to take off throughout Europe – though not yet as much in the United States – an insurer has now gone public in the U.S., and its initial successes appear to reflect the opinion of investors that Americans are ready to start purchasing coverage for their dogs and cats in considerably larger numbers. At the moment, only about 2 percent of…
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Pet insurance company, Trupanion, is gearing up for an IPO
The provider has now filed with the U.S. Securities and Exchange Commission for an offering of up to $75 million. Trupanion Inc., the large American pet insurance company, has recently announced that it is planning an initial public offering (IPO) on the New York Stock Exchange, and has now made its filing. This insurance company will be listed on the exchange under the “TRUP” symbol. The intention of the pet insurance provider is to raise up to $75 million for its IPO. That said, that figure is not set in…
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