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Latest ROOT News From Around the Web
Below are the latest news stories about ROOT INC that investors may wish to consider to help them evaluate ROOT as an investment opportunity.
Root, Inc. to Participate in the 27th Annual ICR ConferenceCOLUMBUS, Ohio, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), a leading technology company powering insurance solutions and the parent company of Root Insurance, today announced that the Company will participate in the 27th Annual ICR Conference taking place January 13 - 15, 2025 in Orlando, Florida. Alex Timm, Co-Founder and CEO, will participate in a fireside chat on Monday, January 13, 2025 at 10:30 a.m. ET. A live webcast of the fireside chat will be available in the Events se |
Why Shares of Root Stock Sank in DecemberThe insurance technology (insurtech) upstart saw a pullback after gaining over 100% after fantastic third-quarter (Q3) earnings at the end of October. Root's aim is to bring digital technology to the car insurance market. Instead of basing its insurance policies on demographics and broad factors, Root uses smartphone technology to offer car insurance prices based on how people actually drive. |
3 US Growth Companies With High Insider Ownership Expecting Up To 119% Earnings GrowthAs the U.S. stock market navigates a landscape marked by cautious optimism following a benign inflation reading, investors are closely monitoring potential volatility amid ongoing economic developments and policy decisions. In this context, growth companies with high insider ownership can be particularly appealing, as they often signal strong confidence from those closest to the business and may offer robust earnings potential despite broader market uncertainties. |
Root Insurance Expands to Minnesota, Offering Personalized, Driver-Based RatesFast, fair, affordable auto insurance now available to more than 4 million MinnesotansCOLUMBUS, Ohio, Dec. 17, 2024 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), a leading technology company powering insurance solutions and the parent company of Root Property & Casualty Insurance Company, has announced the availability of Root Insurance in Minnesota. The insurer now serves drivers in 35 states, extending its innovative approach to auto insurance to over 4 million registered drivers in Minnesota |
Root, Inc.'s (NASDAQ:ROOT) institutional investors lost 17% over the past week but have profited from longer-term gainsKey Insights Significantly high institutional ownership implies Root's stock price is sensitive to their trading... |
Data Center Powerhouse And Nvidia Partner Vertiv Charges Higher Into Second Buy Zone Amid Hot AI DemandNvidia partner and data center power and cooling systems maker Vertiv is rebounding from the 21-day moving average into a buy zone. |
Root (ROOT) Could Find a Support Soon, Here's Why You Should Buy the Stock NowAfter losing some value lately, a hammer chart pattern has been formed for Root (ROOT), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term. |
This Small-Cap Growth Stock Has Surged 600% in 2024 and Its Recent Results Shocked Investors. Is the Stock a Buy Today?This small-cap stock has skyrocketed after posting a surprising profit in the third quarter. |
3 US Growth Stocks With Insider Ownership As High As 37%As the U.S. stock market experiences a surge, led by a rally in the tech sector amidst anticipation of presidential election results, investors are keenly observing growth companies with substantial insider ownership. In such an environment, stocks that combine robust growth potential with high insider stakes can offer unique insights into confidence levels within their leadership teams and alignment with shareholder interests. |
Root Third Quarter 2024 Earnings: Beats ExpectationsRoot ( NASDAQ:ROOT ) Third Quarter 2024 Results Key Financial Results Revenue: US$305.7m (up 165% from 3Q 2023). Net... |