Metromile shares fall 22% after analyst downgrades, InsurTech cuts forecast
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Metromile shares fall 22% after analyst downgrades, InsurTech cuts forecast

Eileen AJ Connelly
August 10, 2021
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Shares of InsurTech Metromile hit a new low in Tuesday trading after the San Francisco-based InsurTech posted disappointing second quarter results and lowered its forecast for the rest of the year.

The stock was trading down 22.3%, or $1.55 at $5.42 at midday, rebounding from the new low of $5.24

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Eileen AJ Connelly
Contributing Editor
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