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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 […]
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.
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.
COLUMBUS, Ohio, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), a leading technology company powering insurance solutions and the p...
Promoted CTO takes on new responsibilities