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COLUMBUS, Ohio, April 27, 2022 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), the parent company of Root Insurance Company, today announced financial results for the quarter. Root’s first quarter results and management commentary can be found by accessing the shareholder letter poste...
Gainers: Silvergate Capital (SI) +14%, American Campus Communities (ACC) +13%, WeWork (WE) +11%, Root (ROOT) +9%, Signature Bank (SBNY) +8%. Losers: Lion Group (LGHL) -15%. For further details see: Silvergate Capital, American Campu...
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...
Gainers: Lion Group Holding (LGHL) +10%. Root (ROOT) +7%. Jianpu Technology (JT) +7%. Professional Holding (PFHD) +6%. Losers: TeraWulf (WULF) -26%. The Marygold Companies (MGLD) -12%. Reliance Global Group (RELI) -7%. For further details see: ROOT and RELI among financia...
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...
COLUMBUS, Ohio, April 07, 2022 (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 first quarter of 2022 on April 28. The company plans to release first quarter ...
Rob Bateman is set to join Root (NASDAQ:ROOT) as Chief Financial Officer (CFO), effective Apr. 11, 2022. Bateman has over two decades of broad strategic, financial and operational experience across the insurance industry, most recently as President and CFO of Ategrity Specialty Insurance Comp...
COLUMBUS, Ohio, March 22, 2022 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT) announced today the addition of Rob Bateman to join the insurtech as the company’s new Chief Financial Officer, effective April 11. Bateman joins Root as Chief Financial Officer with over two decades o...
Root shares rose 53% last week, which we believe was due to speculation amid a market rebound and not warranted by fundamentals. Business shrunk in Q4 2021 after drastic cuts in marketing but remained heavily loss-making. The headcount was cut by 20% in January. Management guides ...
The recent rebound on Wall Street continued during Thursday's session, with stocks posting another step higher. The gain allowed the S&P 500 to notch its first close above 4,400 since mid-February. Auto insurance stocks participated in the advance, after Allstate (ALL) revealed the benefi...
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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...