This morning Root Insurance, a neoinsurance provider that has attracted ample private capital for its auto-insurance business, is targeting a valuation of as much as $6.34 billion in its pending IPO.
Root’s stock price has taken a beating over the past six months, shedding 30.2% of its value and falling to $89.76 per share. This may have investors wondering how to approach the situation. Is now ...
BROOKLINE — Family and supporters of Juston Root gathered at the intersection of Hammond Street and Route 9 Friday — just dozens of feet from where he was killed by police in 2020 — calling for an ...
Root Insurance (NASDAQ:ROOT) stock IPO received a frosty reception this week. Shares of the car insurance company opened below its $27 offer price, settling at a 10% discount by the end of the trading ...
Much like Lemonade (NYSE:LMND), which I discussed last month, Root Insurance offers a new angle on insurance. Indeed, this up-and-coming company has the potential to modernize and thereby disrupt the ...