The Root
Stage
Acquired | AcquiredAbout The Root
The Root is the #1 news, opinion and analysis website for African-American influencers. The Root provides coverage of breaking news, thought-provoking commentary and gives voice to a changing, more diverse America. Lyne Pitts is Managing Editor. The Root is a subsidiary of The Slate Group which is owned by The Graham Holdings Company.
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The Root Patents
The Root has filed 29 patents.
The 3 most popular patent topics include:
- Social networking services
- Application programming interfaces
- Integrated development environments
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
8/12/2021 | 2/14/2023 | Grant |
Application Date | 8/12/2021 |
|---|---|
Grant Date | 2/14/2023 |
Title | |
Related Topics | |
Status | Grant |
Latest The Root News
Mar 16, 2021
INVESTOR ALERT: Law Offices Of Howard G. Smith Announces Investigation Of Root, Inc. (ROOT) On Behalf Of Investors Law Offices of Howard G. Smith announces an investigation on behalf of Root, Inc. Author: Mar 15, 2021 8:15 PM EDT Law Offices of Howard G. Smith announces an investigation on behalf of Root, Inc. ("Root" or the "Company") ( ROOT ) investors concerning the Company's possible violations of federal securities laws. On or around October 27, 2020, Root conducted its initial public offering ("IPO"), selling 26.8 million shares of common stock priced at $27.00 per share. Then, on March 9, 2021, BofA Securities analyst Joshua Shanker initiated coverage of Root with an "Underperform" rating on the premise that the Company is unlikely to be cash flow positive until 2027, finding that Root "will require not insignificant cash infusions from the capital markets to bridge its cash flow needs." On this news, Root's stock price fell $0.18 per share, or 1.46%, to close at $12.17 per share on March 9, 2021, representing a 55% decline from the IPO price. If you purchased Root securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com , or visit our website at www.howardsmithlaw.com . This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. View source version on businesswire.com: https://www.businesswire.com/news/home/20210315005847/en/ By
The Root Frequently Asked Questions (FAQ)
Where is The Root's headquarters?
The Root's headquarters is located at 1350 Connecticut Ave. NW, Washington.
What is The Root's latest funding round?
The Root's latest funding round is Acquired.
Who are the investors of The Root?
Investors of The Root include Univision Communications and The Slate Group.
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