Assured Guaranty’s stock soared 6.3% after beating analyst expectations with third-quarter earnings of $2.57 per share, a 67.2% increase. Revenue was $207 million, 12.2% higher than anticipated but a 23% decline from last year. Book value per share grew 9% to $121.13, driving investor interest despite the revenue drop.

Shares closed at $86.90, up 6.7% from the previous close. Assured Guaranty’s stock has had limited volatility, with only 3 moves greater than 5% in the past year. The market views the latest news as meaningful, possibly shaping perception of the business.

Despite being down 2.9% year-to-date at $86.88, Assured Guaranty’s shares are close to their 52-week high of $95.47 from January 2025. Investors who bought $1,000 worth of shares five years ago would now have an investment worth $2,849.

Read more at Yahoo Finance: Assured Guaranty (AGO) Stock Trades Up, Here Is Why