Hagerty (NYSE:HGTY) Shares Gap Down to $8.77

Hagerty is a company that provides insurance for classic cars and motorcycles. The stock ticker symbol for Hagerty is NYSEHGTY. On August 19, 2021, the stock price of Hagerty closed at $8.77, which represents a gap down from its previous closing price of $10.45 on August 18, 2021.

A gap down occurs when a stock's price falls significantly below its previous closing price, indicating a potential shift in market sentiment towards the company. In this case, the gap down suggests that investors may be selling off their Hagerty shares due to concerns about the company's financial performance or other factors.

It is important to note that a single day's stock price movement does not necessarily indicate long-term trends or changes in the company's fundamentals. Investors should consider conducting further research and analysis before making any investment decisions based on this information.