RTTNews | Dec 7, 2021 10:22AM EST

10:22 Tuesday, December 7, 2021 (RTTNews.com) - Shares of pets' medical insurer Trupanion, Inc. (TRUP) are surging more than 26% Tuesday morning on the news of its partnership with Chewy, Inc. (CHWY), online retailer of pet food and other pet-related products.

The deal is to offer pet health insurance and wellness plans to more than 20 million Chewy customers, which is expected to be available for purchase on Chewy.com beginning in Spring 2022.

"Through our partnership, we have the opportunity to grow the category by introducing the concept of high-quality medical insurance to Chewy's customer base of over 20 million pet parents," said Margi Tooth, Co-President of Trupanion.

Trupanion stock, currently at $141.49, has traded in the range of $69.74- $140.46 in the last one year.

Read the original article on RTTNews ( https://www.rttnews.com/3247490/trupanion-soars-on-striking-a-deal-with-chewy.aspx)

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