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MILE News and Press, Metromile Inc. From 05/09/22

Stock Information

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

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MILE - Merger Arbitrage Mondays: Black Knight To Be Acquired By Intercontinental

Two of the three new deals announced last week were potential deals in the works. Black Knight entered into a definitive agreement to be acquired by Intercontinental Exchange in a deal valued at $13.1 billion. Welltower made a nearly $5 billion all-cash bid for Healthcare Realty T...

MILE - Merger Arbitrage Mondays: The Twitter-Musk Saga Unfolds

Elon Musk's acquisition of Twitter announced last Monday was the largest deal announced last week. The spread on the Twitter-Musk deal is 10.57%, indicating that investors are concerned about the deal being consummated. The merger agreement includes a termination fee of $1 billion...

MILE - Merger Arbitrage Mondays - Blackstone Acquires American Campus Communities

The largest deal announced last week was the acquisition of American Campus Communities (ACC) by Blackstone (BX) for nearly $13 billion. The deal represents a premium of 30% over the closing stock price of February 16, 2022, the date immediately prior to the company disclosing receipt...

MILE - Why Lemonade Still Has the Potential to Be a Monster Stock

Despite turbulence, Lemonade (NYSE: LMND) has opportunity ahead with its expansion into different insurance lines. In this clip from "IPO & SPAC Show" on Motley Fool Live , recorded on April 11 , Motley Fool contributor Jason Hall discusses the pros and cons of Lemonade'...

MILE - Merger Arbitrage Mondays: Thoma Bravo Adds SailPoint To Portfolio, Approaches Twitter

Thoma Bravo continued its binge of software acquisitions last week by entering into an agreement to acquire SailPoint Technologies. Kaseya, a provider of unified IT management and security software, entered into a definitive agreement to acquire Datto Holdings for $6.2 billion. Wi...

MILE - Lemonade: Just As Unappetizing This Year As Last

Lemonade is an insurance tech company that has failed to demonstrate the superior tech that investors expected at the time of the IPO. The company had an operationally lackluster 2021, and 2022 guidance is also far from reassuring. Adding Metromile merely puts another lemon into t...

MILE - SELB, MILE and TKAT among pre market gainers

Dolphin Entertainment (DLPN) +26% on FY results. Airgain (AIRG) +13% on multimillion-dollar contract by major utility. CBAK Energy Technology (CBAT) +12% on Q4 results. Takung Art (TKAT) +8%. Veru (VERU) +7% breather over as stock gains. Metromile (MILE...

MILE - Today's Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Thursday

InvestorPlace - Stock Market News, Stock Advice & Trading Tips The biggest pre-market stock movers for Thursday are ready and waiting so let’s see what’s moving the market today! Source: oneinchpunch/Shutterstock.com Moving stocks this morning are proposed public ...

MILE - Merger Arbitrage Mondays - WindAcre Doubles Its Stake In Nielsen Holdings

WindAcre opposes Nielsen Holdings' agreement to be taken private and doubles its stake in the company. Change Healthcare and UnitedHealth Group extend their merger agreement. Change Healthcare to pay a special cash dividend to its shareholders. Spirit Airlines receives an unsolici...

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...

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