Root shares are trading higher following a Wall Street Journal report suggesting the company has received a takeover bid.
Portfolio Pulse from Benzinga Newsdesk
Root shares are trading higher following a Wall Street Journal report of a takeover bid.
June 22, 2023 | 9:30 am
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Root shares are trading higher due to a reported takeover bid.
The Wall Street Journal reported a takeover bid for Root, which has led to an increase in the company's share price. This news is directly related to Root and is likely to have a positive short-term impact on its stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100