Is Erie Indemnity Stock Underperforming the Nasdaq?

Erie, Pennsylvania-based Erie Indemnity Company (ERIE) serves as the managing attorney-in-fact for the subscribers of the Erie Insurance Exchange in the United States. The company has a market capitalization of $11.4 billion and provides issuance and renewal services, sales-related services, including agent compensation and sales and advertising support services, and more. Companies with a market cap of $10 billion or more are typically referred to as "large-cap stocks." Erie Indemnity Company fits into ...