Are you evaluating investing in PGR? Avoid as it is a falling knife that can bleed you if you catch it
03 Dec, 20255 min read
PROGRESSIVE CORP is a falling knife that can bleed you if you catch it on Wednesday. It lost -0.69% to close at 227.18. On a day when the overall market breadth was 45%, it closed higher than 11% of the market. In comparison, the benchmark SP500 index closed today at +0.54%.