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ROOT News and Press, Root Inc. From 08/02/23

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Company Name: Root Inc.
Stock Symbol: ROOT
Market: NASDAQ
Website: ir.joinroot.com
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ROOT - Root GAAP EPS of -$2.55 beats by $0.43, revenue of $74.8M beats by $8.49M

2023-08-02 16:27:16 ET Root press release ( NASDAQ: ROOT ): Q2 GAAP EPS of -$2.55 beats by $0.43 . Revenue of $74.8M (-7.0% Y/Y) beats by $8.49M . Shares -0.77% . Total new writings grew 65% over Q1 2023, driven by our superior loss ratio position. ...
ROOT - Root, Inc. Announces 2023 Second Quarter Results

COLUMBUS, Ohio, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company, announced financial results for the quarter today. Root’s second quarter financial results and management commentary can be found by accessing the shareholder letter p...

ROOT - Rare Buy Picks In July 2023 - From 29 Discerning Analysts

2023-08-02 13:00:00 ET Summary We've compiled a list of July investment picks that you may have missed. Some Seeking Alpha analysts are more discerning by nature. Others are finding compelling ideas hard to come by in today's market environment. Featured here are the investmen...

ROOT - SoFi Technologies, Industrial Logistics Properties Trust, Root among financials gainers

2023-07-31 12:00:09 ET Gainers: SoFi Technologies ( SOFI ) +18% after Q2 revenue beat . Leju Holdings ( LEJU ) +11% . Industrial Logistics Properties Trust ( ILPT ) +10% . Root ( ROOT ) +7% . SelectQuote ( SLQT ) +7% . ...
ROOT - Why Lemonade Stock Soared 25% This Week

2023-07-21 15:12:48 ET Shares of Lemonade (NYSE: LMND) jumped more than 25% this week, according to data provided by S&P Global Market Intelligence , as the mobile-centric insurance technology company enjoyed an apparent short squeeze . The bulk of Lemonade's pop thi...

ROOT - Upstart, Lemonade lead financials gainers; Redfin in losers

2023-07-19 12:00:14 ET Gainers: Root ( ROOT ) +16% . Avalon GloboCare ( ALBT ) +15% . Lemonade ( LMND ) +14% . Northern Trust ( NTRS ) +14% on results . Upstart Holdings ( UPST ) +10% . Losers: Redfin ( RDFN...

ROOT - Upstart, Root, Lion Group among financials gainers; Leju in losers

2023-07-17 12:00:08 ET Gainers: Prestige Wealth ( PWM ) +29% . Lion Group Holding ( LGHL ) +13% . Upstart Holdings ( UPST ) +12% . Medalist Diversified REIT ( MDRR ) +10% . Root ( ROOT ) +8% . Losers: The Real Bro...
ROOT - Root: The Carvana Short Squeeze Sympathy Play

2023-07-12 02:28:21 ET Summary Carvana Co. has seen a 600% increase in 2023 due to improving financial performance and growth in the electric vehicle market. Carvana's success is expected to benefit Root, Inc., with whom they have a partnership for integrated auto insurance, and a...

ROOT - Root, Inc. Schedules Conference Call to Discuss Second Quarter 2023 Financial Results

COLUMBUS, Ohio, July 06, 2023 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company, today announced its plans to host a conference call to discuss financial results for the second quarter on Thursday, August 3, 2023 at 8:00 a.m. Eastern Time. The company pla...

ROOT - Why Root's Management Doesn't Want To Sell For $19.34

2023-07-06 07:36:13 ET Summary On June 21, 2023, per the WSJ, it was reported James Hall made a $19.34 cash bid for Root, Inc. On June 29, 2023, after the bell, Root's Board of Directors wrote a strangely worded statement, to dispel the legitimacy of the Hall bid. Although I t...
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