ROOT Stock Rallied 586% in 2024. Earnings Prompt A Price Spike.

Blockhead
27 Feb

Root Insurance shares bolted higher early Thursday after the company closed out its first profitable year with a massive Q4 beat late Wednesday. Florida-based Root Insurance (ROOT) is a member of the IBD 50 list. The company provides car insurance, and sees the $300 billion auto insurance market as set for disruption. It is among the first to base its policy…

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10