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Shares of property and casualty insurer Lemonade (NYSE:LMND) fall more than 7% intra-day amid a broader decline in insurtech stocks. LMND is also off nearly 9% on a M/M basis and 66% Y/Y. Shares of LMND peers like Hippo Holdings (NYSE:HIPO) and Root (NASDAQ:ROOT)...
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COLUMBUS, Ohio, Dec. 13, 2021 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), a leading technology company powering insurance solutions and the parent company of Root Insurance, has launched in Kansas, the 32nd state where Root auto insurance is now available. Root Insurance is founded...
Hagerty (NYSE:HGTY) stock roars up 13% on Friday trading, after State Farm Mutual Auto Insurance discloses holding a 64.6% stake in the company that insures classic and enthusiast vehicles. Hagerty warrants (NYSE:HGTY.WS) shot up 19%. That compares with State Farm's 15% stake in Hag...
Gainers: Oxbridge Re Holdings (NASDAQ:OXBR) +12%. CBRE Acquisition Holdings (NYSE:CBAH) +9%. Losers: Ucommune International (NASDAQ:UK) -14%. Eqonex (NASDAQ:EQOS) -9%. Nam Tai Property (NYSE:NTP) -8%. Root (NASDAQ:ROOT) -8%. For further details see: OXBR and CBAH the only financial gain...
COLUMBUS, Ohio, Dec. 06, 2021 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), a leading technology company powering insurance solutions and the parent company of Root Insurance, today announced that Alex Timm, Co-Founder and CEO, will participate in the KBW Innovation in Finance Conference o...
Gainers: MDJM (NASDAQ:MDJH) +46%. IRSA Inversiones y Representaciones Sociedad (NYSE:IRS) +13%. IRSA Propiedades Comerciales (NASDAQ:IRCP) +9%. Bancolombia (NYSE:CIB) +8%. Marathon Digital Holdings (NASDAQ:MARA) +7%. Losers: Upstart Holdings (NASDAQ:UPST) -9%. Intercorp Financial Services (NY...
Root's share price is now down 85% from its IPO. Its market capitalization is just $1bn, compared to net cash of $764m. Q3 results and recent news have given little comfort to disillusioned investors. Growth was low and profitability did not improve. New distribution with Carvana ...
Lemonade (NYSE:LMND) stock drops 2.9% in premarket trading after Jefferies analyst Yaron Kinar initiates coverage of the insurtech stock with an Underperform rating, and Hippo Holdings (NYSE:HIPO) gains 2.8% after the analyst assigns a Buy rating. Root (NASDAQ:ROOT), initi...
COLUMBUS, Ohio, Nov. 16, 2021 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), a leading technology company powering insurance solutions and the parent company of Root Insurance, today shares the company’s “work where it works best” philosophy, and the future of work at R...
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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...