Root stock spikes over 58% after achieving profitability for first time in Q3
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Root stock spikes over 58% after achieving profitability for first time in Q3

The stock was hovering around $40 per share just before closing.

By Clark Mindock
October 30, 2024
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Root insurance Nasdaq.jpg

InsurTech Root’s stock surged roughly 58% in after-hours trading on Wednesday to over $64 per share after the company announced it reached profitability for the first time in company history in Q3.

The

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