Hippo shares up 28% while Root’s drop 20% as investors digest Q2 results
Homeowners-focused insurtech Hippo’s shares surged by nearly 28 percent on Thursday as investors reacted to it narrowing its Q2 adjusted Ebitda loss to $25mn, while shares in auto insurtech Root fell by 20 percent despite reporting another operating profit.
If you are a subscriber, please sign back in to read this article
If you are not currently a subscriber please see contact details below