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Insurance company Root (NASDAQ: ROOT) saw its stock price plummet 15.3% in May, according to S&P Global Market Intelligence . Its performance was far worse than the S&P 500 , which returned 0.55% in May. Root is an insurtech company in the auto insurance spac...
COLUMBUS, Ohio, June 07, 2021 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), a leading AI technology provider for insurance and parent company of Root Insurance Company, today announced key additions to the executive leadership team as it launches into its next chapter of growth. Anirban ...
Root ([[ROOT]] -2.7%) announces it arrival into Wisconsin. Root Insurance Company is now available to the 4.3M drivers in Wisconsin. “We’re fundamentally changing and building a better car insurance experience,” says Root CEO Alex Timm. “This is an exciting an...
COLUMBUS, Ohio, June 03, 2021 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company, today announced its entry into Wisconsin. Root is now available to the 4.3 million drivers in Wisconsin, making it the company’s 31st state. A fellow Midwest...
The top five outperformers in the financial sector (of stocks with market cap over $2B) for the week ending May 28, 2021:UP Fintech Holding (TIGR) (+25.21%);Upstart Holdings (UPST) (+19.95%);Marathon Digital Holdings (MARA) (+18.04%) gained during a week where bitcoin gyrated;LoanDepot (...
Shares of Root are down by 70% from all-time highs. Investors point to a high loss ratio and high cash burn rate as the culprits. However, improving operating metrics, high growth potential, and attractive valuation may cause a reversal in share prices. Although cheap, investo...
Root ([[ROOT]] -5.6%), the parent company of Root Insurance Company partners with Safekeep to maximize net recovery through its Claimflo product.Safekeep is a New York City-based enterprise cloud company that focuses on leveraging machine learning to drive profitabili...
COLUMBUS, Ohio, May 25, 2021 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company, has announced that it has engaged Safekeep , an award-winning insurtech that uses AI to maximize net recovery through its Claimflo product. As ...
Gainers: UP Fintech Holding (TIGR) +14%. Jianpu Technology (JT) +12%. Ashford Hospitality Trust (AHT) +11%. Rodgers Silicon Valley Acquisition (RSVA) +11%.Losers: Q&K International Group (QK) -9%. Metromile (MILE) -6%. Alset EHome International (AEI) -5%. Root (ROOT) -6%. For further de...
SAN DIEGO, May 19, 2021 (GLOBE NEWSWIRE) -- The Shareholders Foundation, Inc. announces that a lawsuit is pending for certain investors in Root, Inc. (NASDAQ: ROOT) shares. Investors, who purchased shares of Root, Inc. (NASDAQ: ROOT), have certain options and should contact the Sharehol...
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2024-07-24 07:56:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
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...