"Let's just say I experienced better years than this last year," Wand said during the Calcalist and Discount Bank's Unicorn Forum. "We were worth $5-$6 billion and now we are worth half a billion dollars. There is a major correction." (Credit: Maurizio De Mattei/Shutterstock.com)
Insurtech Hippo Holdings Inc. is moving to execute a reverse stock split following a noncompliance notice from the New York Stock Exchange, which reported the company's stock had an average closing price of less than $1 over a consecutive 30-day trading period.
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Steve Hallo
Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]
