MILE News and Press, Metromile Inc. From 11/10/21

Lemonade reported earnings, and the stock plummeted because of a dilution caused by an acquisition. Despite the fall, I believe the company reported great earnings, and I also believe that the Metromile acquisition was an ingenious move. Lemonade's earnings conference regarding it...

Are you looking for the best penny stocks to buy right now? I’m sure you’re not alone, and several catalysts can help when it comes to putting together a watch list. The first step is deciding on a plan. Are you looking to scalp, day trade, swing trade, or invest? Timing can b...

LMND announced that it would be buying MILE for $500 million equity value, or $200 million net of cash. While the deal could boost LMND's offerings in the car insurance segment, the valuation of the deal raised major red flags. MILE came public via SPAC at a >$1 billion valuati...

PayPal (NASDAQ:PYPL) represented one of the highest-profile stocks moving in Tuesday's midday action, posting a double-digit percentage decline on weak guidance included with its recent quarterly results. Arrival (NASDAQ:ARVL) also dropped in intraday action, hurt by production delays. Meanwh...

Lemonade (NYSE:LMND) stock sinks 12%, its biggest drop since March, after the insurtech firm says it will pay for its pending acquisition of Metromile (NASDAQ:MILE), a tech-forward car insurer, with stock. Issuing more stock dilutes the stakes of existing shareholders. As a result, a company'...

Shares of insurance-technology company Lemonade (NYSE: LMND) sank on Wednesday after the company reported financial results for the third quarter of 2021. Many of its metrics came in higher than expected, but there were some troubling signs that were hard to overlook. Moreo...

In this video, I will go over Lemonade 's (NYSE: LMND) Q3 earnings as well as discuss the acquisition of Metromile (NASDAQ: MILE) and what that could mean for the business in the short and long term. You can find the video below, but here are some of the highlights. In f...

Lemonade (NYSE:LMND) agrees to acquire Metromile (NASDAQ:MILE) in an all-stock transaction with a equity value of ~$500M, or just over $200M net of cash. Metromile (MILE) stock shoots up 14% in after-hours trading, while Lemonde (LMND) drops 6.7%. Under the terms, Metromile (MI...

Investors are rushing back into electric vehicle stocks after the weekend signing of the bipartisan infrastructure bill. Proterra (PRTA +2.6%), Volta (VLTA +8.4%), GreenPower Motor GP, Electrameccanica Vehicles (SOLO +2.4%), Lordstown Motors (RIDE +5.4%), Electric Last Mile Solutions (MILE -0...

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