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MILE News and Press, Metromile Inc. From 04/08/22

Stock Information

Company Name: Metromile Inc.
Stock Symbol: MILE
Market: NASDAQ
Website: metromile.com

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MILE - LAND and ROOT among financial movers

Gainers: Grab Holdings (GRAB) +7%. Gladstone Land (LAND) +7%. Ocwen (OCN) +7%. KE Holdings (BEKE) +6%. Tian Ruixiang (TIRX) +6%. Losers: LXP Industrial (LXP) -14%. Credicorp (BAP) -7%. Metromile (MILE) -6%. Root (ROOT) -5%. Doma (DOMA) -5%. For further details see: LAND and ROOT among f...

MILE - Grab, Metromile leads financial gainers; Grupo Aval Acciones y Valores, Redbox Entertainment among major losers

Gainers: Grab (GRAB) +12%, Metromile (MILE) +11%, Qudian (QD) +11%, Ashford Hospitality Trust (AHT) +10%, Upstart (UPST) +9%. Losers: Grupo Aval Acciones y Valores (AVAL) -7%, Redbox Entertainment (RDBX) -7%, Comstock Mining LODE -7%, TeraWulf...

MILE - Merger Arbitrage Mondays - Anaplan To Be Acquired By Thoma Bravo For $10.7 Billion

Thoma Bravo is acquiring Anaplan for $10.7 billion or $66 per share in cash. Thoma Bravo agreed to pay 18 times trailing sales and 14 times Jan 2023 expected revenue of $746 million. Mill Road Capital urges Big Lots to sell itself. For further details see: Merger Arbitra...

MILE - Root, Lemonade, auto insurance stocks drive up after Allstate discusses price hikes

Auto insurers stocks are gaining after Allstate's (ALL +3.3%) said its recent auto insurance rate increases translate to an annualized impact of $1.2B in gross written premiums. Insurtech names Root (NASDAQ:ROOT +19.6%) and Lemonade (NYSE:LMND +16.7%), which is buying Metromile (MILE +16.8%),...

MILE - Root, Lemonade leads financial gainers; MDJM, KE among major losers

Gainers: Root (ROOT) +22%, Lemonade (LMND) +12%, Metromile (MILE) +12%, Altisource Portfolio Solutions (ASPS) +10%, Hudson Capital (HUSN) +4%. Losers: MDJM (MDJH) -24%, KE (BEKE) -18%, FinVolution (FINV) -11%, 360 DigiTech (QFIN) ...

MILE - Metromile policies in force rise during Q4, while average annual premium falls Q/Q

Metromile (NASDAQ:MILE), the digital auto insurance platform that agreed in November to be acquired by Lemonade (NYSE:LMND) reported Q4 policies in force increased to 98,416 at Dec. 31, 2021 from 95,238 at Sept. 30. Average annual premium per policy of $1,184 at Q4 end, down from $1,197 ...

MILE - Metromile reports Q4 results

Metromile press release (NASDAQ:MILE): Q4 net loss of $44.8M. Revenue of $29.52M (+175.9% Y/Y). Policies in Force as of December 31, 2021 were 98,416, a 3% increase compared to 95,238 at the end of the third quarter of 2021. Direct Earned Premium in the fourth quarter of 2021 was $29.0 millio...

MILE - Metromile Announces Fourth Quarter and Full Year 2021 Financial Results

SAN FRANCISCO, Feb. 28, 2022 (GLOBE NEWSWIRE) -- Metromile, Inc. (“Metromile”) (NASDAQ: MILE, MILEW), a leading digital insurance platform and pay-per-mile auto insurer, today announced financial results for the fourth quarter and full year 2021 on its website. The results are...

MILE - Merger Arbitrage Mondays - Standard General Acquires Tegna

Tegna agrees to be acquired by Standard General after over three years of bidding war. As part of the deal, Tegna shareholders could also receive additional cash consideration in the form of an unusual “ticking fee”. Zendesk (ZEN) terminated its merger agreement with...

MILE - Baby I Would Catch A Lemonade For You

Lemonade reported Q4-2021 results and the stock tanked in the after-hours. Is this your opportunity to get in on a cheap growth stock, or to get out while you can? Find out below! For further details see: Baby I Would Catch A Lemonade For You

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