Arch Capital Group (NASDAQ:ACGL) reported quarterly earnings of $1.27 per share which beat the analyst consensus estimate of $0.88 by 44.32 percent. This is a 126.79 percent increase over earnings of $0.56 per share from the same period last year.
Why Plug Power Shares Are Falling
Shares of several companies in the broader energy sector, including Plug Power Inc (NASDAQ: PLUG) are trading lower in sympathy with the overall market as investors weigh continued concerns over COVID-19, the Feds two-day meeting and a sell off in Chinese equities.