Root's stock is trading below IPO price in Nasdaq debut

3 lessons from Root's IPO pricing

10:25am, Wednesday, 28'th Oct 2020
No matter who wins the election, or how the transition goes -- if the markets stay rich, the IPOs can flow.
Root is an IPO scheduled to start trading on October 27th. The company has focused on the auto insurance industry and has acquired more 320k currently paying insurance customers.
COLUMBUS, Ohio, Oct. 27, 2020 (GLOBE NEWSWIRE) -- Root, Inc., the parent company of Root Insurance Company, today announced the pricing of its initial public offering of 26,830,845 shares of its Clas
The initial public offering of Root, which is aiming to disrupt the auto insurance market, is drawing heightened interest from investors in a deal that looks to raise $578 million. The post Root IPO D
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