Previous 10 | Next 10 |
We initiated a position in The Progressive Corporation, the third-largest auto insurer in the U.S. and a top-15 homeowners insurance carrier. The personal auto insurance market is approximately $250 billion in size and is recession-resistant given that auto insurance is legally requir...
Baron is an asset management firm focused on delivering growth equity investment solutions known for a long-term, fundamental, active approach to growth investing. In the quarter ended June 30, 2022, Baron FinTech Fund fell 22.40%. Rising interest rates and greater economic uncert...
Root is trying to price auto insurance premiums at fair prices to its users. This fairness is hurting its own business, with gross margins already close to non-existing. With losses being huge and growth not seen anymore, the situation is dismal, even if shares trade below net cas...
Image source: The Motley Fool. Root, Inc. (NASDAQ: ROOT) Q2 2022 Earnings Call Aug 09, 2022 , 9:00 a.m. ET Operator Continue reading For further details see: Root, Inc. (ROOT) Q2 2022 Earnings Call Transcript
Root ( NASDAQ: ROOT ) reported 21% drop in Q2 gross written premiums to $140M while gross earned decreased 5% to $171M; renewal premium as % of gross earned premiums increased to 75% from 71% in Q1 and 59% in year ago quarter. In Q2, roughly one-third of Root's ne...
Gainers: Pennsylvania Real Estate Investment Trust ( PEI ) +22%, Ambac Financial ( AMBC ) +16%, Lemonade ( LMND ) +13%, American Equity Investment Life ( AEL ) +12%, Puhui Wealth Investment Management ( PHCF ) +11% . Losers: MAGIC EM...
Root, Inc. (ROOT) Q2 2022 Earnings Conference Call August 09, 2022 9:00 AM ET Company Participants Christine Patrick – Treasurer and Vice President-Investor Relations Alex Timm – Co-Founder and Chief Executive Officer Rob Bateman – Chief Fina...
The following slide deck was published by Root, Inc. in conjunction with their 2022 Q2 earnings call. For further details see: Root, Inc. 2022 Q2 - Results - Earnings Call Presentation
CorMedix CRMD -61% after FDA again rejects CorMedix's application for lead candidate DefenCath . Turtle Beach HEAR -32% on Q2 earnings miss . Novavax NVAX -31% on Q2 earnings release . Medicenna Therapeutics MDNA -29% on launch of units offeri...
Root ( NASDAQ: ROOT ), the parent company of Root Insurance, is set to implement a reverse stock split of its Class A common stock and Class B common stock at a ratio of 1-for-18. The reverse stock split is expected to take effect after market close August 12, 2022. As a r...
News, Short Squeeze, Breakout and More Instantly...
COLUMBUS, Ohio, July 16, 2024 (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 Wednesday, August 7, 2024 at 5:00 p.m. Eastern Time. The company pl...
COLUMBUS, Ohio, July 01, 2024 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), a leading technology company powering insurance solutions and the parent company of Root Insurance, is excited to mark a significant home state NTT INDYCAR SERIES race for the company on July 7th at the Mid-Ohio Sports C...