Shares of Meadowbrook Insurance Group (MIG) rose sharply through the first 40 minutes of trading on Thursday and then it traded in a range for the remainder of the session. The stock closed at $7.44 up 20 cents from Wednesday's close.
With the nearly 3% gain, the stock moved above resistance to set a four month closing high.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.