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Marsh & McLennan Cos. (MMC) rose 1.24% on Oct. 7, trading with a $370 million volume that ranked it 302nd among U.S.-listed stocks. The move followed a strategic update highlighting its risk modeling capabilities and partnerships with U.S. government agencies. Analysts noted the firm’s positioning in the insurance technology sector could drive near-term momentum as demand for data-driven risk solutions grows.
Recent filings revealed a 2.5% increase in institutional ownership in the third quarter, with several large asset managers adding the stock to hedging portfolios. The company’s Q3 earnings call emphasized cost discipline and digital transformation progress, aligning with broader market trends favoring operational efficiency in the financial services space.
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