Insurance Software Stocks Lose 1 Trillion Won Today

Shares of Guidewire Software Inc. (GWRE) plunged 8.31% on the New York Stock Exchange on the 8th, closing at $125.50.

In a single day, roughly $800 million in market capitalization—about 1 trillion KRW—evaporated, leaving the company’s total market cap at approximately $10.6 billion (around 14 trillion KRW).

Trading volume rose to about 2.58 million shares as increased selling pressure drove the share price lower.

In the second quarter of fiscal 2026, Guidewire reported revenue of $359.1 million (roughly 480 billion KRW), a 24% year-over-year increase that demonstrated the benefits of its cloud transition (reddit.com).

However, in March, institutional selling was noted when major investor Capital International Investors cut its stake by 41.9% (nationaltoday.com).

Headquartered in San Mateo, California, Guidewire Software is a specialist insurer-IT provider delivering core systems and a cloud platform for property and casualty carriers (en.wikipedia.org).

Recently, global insurers such as Switzerland’s Vaudoise and Argentina’s San Cristóbal Seguros have adopted its cloud platform, expanding Guidewire’s international footprint (kommunikasjon.ntb.no).