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Why Root (ROOT) Stock Is Trading Lower Today
Yahoo Finance· 2025-11-07 00:36
What Happened? Shares of digital auto insurance company Root (NASDAQ:ROOT) fell 10.2% in the morning session after its third-quarter earnings report showed a net loss, which overshadowed beats on revenue and earnings per share (EPS). The company initially saw its stock rise after it posted revenue of $387.8 million and an EPS of -$0.35, both of which were better than analysts had predicted. However, the positive sentiment did not last as investors looked closer at the company's operational performance. Ro ...