|Bid||50.08 x 1100|
|Ask||50.22 x 800|
|Day's Range||49.80 - 51.81|
|52 Week Range||44.11 - 96.51|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 11, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||70.00|
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.
Lemonade, Inc. (NYSE: LMND) today announced that it will report its financial results for the third quarter ended September 30, 2020 on Wednesday, November 11, 2020. Lemonade will host a conference call that day at 8:00 a.m. Eastern time (5:00 a.m. Pacific time) to discuss the results.
Root, the parent of Root Insurance, could raise as much $604 million when it goes public next week. Root is expected to price its deal next Tuesday, Oct. 27, and trade the next day, two people familiar with the matter said. With roughly 250 million class A and class B shares outstanding, Root could have a $6.2 billion market capitalization at the high point of that range.