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Best’s News & Research Service subscription required - August 09, 2022 04:24 PM (EDT)

Root CEO Says Net Loss Narrows as Insurtech Shrinks Marketing, Hikes Rates; Reverse Stock Split Pending

Insurtech Root Inc. narrowed its second-quarter net loss to $89.9 million from a $178.6 million net loss a year earlier as it deeply cut sales and marketing and other expenses, raised rates and . . .

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