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Why Genworth Financial's Stock Is Trading Higher Today

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Genworth Financial, Inc. (NYSE: GNW) shares are trading higher after the company announced the New York regulator has reapproved the proposed acquisition of control by Oceanwide for Genworth's New York-Domiciled insurance company.

Genworth Financial is a diversified insurance holding company that operates in mortgage insurance and long-term care insurance.

The company shares were trading up 25.38% at $3.73 on Tuesday. The stock has a 52-week high of $4.93 and a 52-week low of $2.87.

 

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