MILE News and Press, Metromile Inc. From 01/26/22

Lemonade (NYSE: LMND) went public at $29 per share in July 2020. The online insurance company's stock opened at $50.06, continued to rally, and eventually hit an all-time high of $182.90 last January. But over the past year, Lemonade's stock has plunged back to its IPO price. Co...

3 Penny Stocks to Add to Your Watchlist Right Now After a less than stellar period of stock performance in the past few weeks, many investors are looking for penny stocks that could outperform in the near future. But, this is complicated and of course, easier said than done. What to...

The stock market was having its worst day since October 2020 on Monday morning, with all three major averages down by more than 2%. However, insurance technology companies Lemonade (NYSE: LMND) and Metromile (NASDAQ: MILE) are dramatically underperforming the market. As of 1...

When Lemonade (NYSE: LMND) announced in November that it would be acquiring Metromile (NASDAQ: MILE) , investors' response to the deal was decidedly mixed. Like many growth stocks in recent months, shares of Lemonade have fallen considerably from their all-time high. Current...

Gainers: CNFinance (NYSE:CNF) +21%. Reliance Global Group (NASDAQ:RELI) +18%. Upstart (NASDAQ:UPST) +9%. Futu (NASDAQ:FUTU) +8%. Silvergate Capital SI +7%. Losers: Metromile (NASDAQ:MILE) -5% For further details see: CNFinance tops finance gainers; Metrolmile loser ...

Potential deal in the works - Cerner to be acquired by Oracle in mega tech deal. The acquisition of Cerner by Oracle could be a net negative for Oracle shareholders considering how challenging the integration of the company is likely to be. The size of the deal ($28.4 billion incl...

The acquisition of Arena Pharmaceuticals by Pfizer for $4.69 billion. The announcement to acquire Arena comes less than a month after Pfizer closed another $2.2 billion deal. Bottomline Technologies (EPAY), a potential deal in the works, signed a merger agreement with Thoma Bravo....

Palantir's Q3 showed solid growth continuing, with strengths in multiple key metrics supporting long-term growth targets, as well as new SPAC investments. Investments in these SPACs have reached $379.5 million, while current share values are ~$317 million, for a -19% return. Many ...

On Nov. 8, Lemonade (NYSE: LMND) announced that it would be acquiring Metromile (NASDAQ: MILE) in an all-stock transaction that's expected to close in the first half of 2022. In this segment of Backstage Pass , recorded on Nov. 12 , Fool contributors Toby Bordelon an...

Shares of popular insurance technology company Lemonade (NYSE: LMND) fell 20% in November, according to data provided by S&P Global Market Intelligence . Lemonade launched its long-anticipated auto insurance product, Lemonade Car, and announced its acquisition of auto insura...