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Small-Cap Sorcerers: 3 Stocks Conjuring Up Magical Returns from Humble Beginnings
ENVXEnovix (ENVX) Investor Place·2024-06-11 20:48

Root Insurance (NASDAQ:ROOT) uses data-driven methods to provide auto insurance, focusing on identifying and weeding out bad drivers. ROOT stock price skyrocketed nearly 10% in March, climbing to 68.11persharebeforeslightlypullingback.Thissurgepushedthecompanysmarketcapitalizationcloseto68.11 per share before slightly pulling back. This surge pushed the company's market capitalization close to 1 billion and represented more than a ninefold increase in its share price since reporting strong fourth quarter results in February. Small-cap stocks with market capitalizations between 300millionand300 million and ...