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February 22, 2024
For the first time since going public more than three years ago, Root Inc.’s unencumbered cash grew from operations in the last three months of 2023. The Columbus parent of Root Insurance Co. (Nasdaq: ROOT) halved its annual net loss to $147 million as policies grew by the most in company history, according to its annual […]
February 22, 2024
U.S. stocks traded higher toward the end of trading, with the Dow Jones index jumping more than 400 points on Thursday. The Dow traded up 1.13% to 39,048.47 while the NASDAQ rose 2.93% to 16,037.52. The S&P 500 also rose, gaining, 2.08% to 5,085.62.
February 22, 2024
Shares of Root, Inc. (ROOT), the parent company of Root Insurance Company, are surging more than 40 percent Thursday morning after reporting improved quarterly results.
February 21, 2024
COLUMBUS, Ohio, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), a leading technology company powering insurance solutions and the p...
February 21, 2024
Promoted CTO takes on new responsibilities
February 21, 2024
Transformative Year Culminates in Strongest Quarterly Performance for Insurtech Innovator
February 20, 2024
Root (NASDAQ:ROOT – Get Free Report) is scheduled to be releasing its earnings data after the market closes on Wednesday, February 21st. Analysts expect Root to post earnings of ($2.49) per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link. Root Stock Performance Shares […]
February 20, 2024
Root (NASDAQ:ROOT – Get Free Report) is set to issue its quarterly earnings data after the market closes on Wednesday, February 21st. Analysts expect the company to announce earnings of ($2.49) per share for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link. Root Stock […]
February 20, 2024
The tech company promotes CTO to expanded role leading company-wide strategic and operational efforts...
February 20, 2024
Root Inc. has promoted CTO Matt Bonakdarpour to president in addition to his role as CTO. The Columbus parent of Root Insurance Co. cited Bonakdarpour’s “exceptional leadership, innovative approach, and technical expertise” in a news release. Promoted to CTO exactly two years ago, he led development and deployment of statistical machine learning models that the […]