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» Online auto insurance provider Root raises $724M in IPO, with shares closing the day at $27, giving it a market valuation of $6.8B (Bloomberg)
Online auto insurance provider Root raises $724M in IPO, with shares closing the day at $27, giving it a market valuation of $6.8B (Bloomberg)
By
Eresh
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October 30, 2020
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http://www.techmeme.com/
Techmeme
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Bloomberg:
Online auto insurance provider Root raises $724M in IPO, with shares closing the day at $27, giving it a market valuation of $6.8B — Auto insurance platform Root Inc. opened below it's initial public offering price, then rose as much as 9.2% during the day before closing flat in its trading debut.
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