PYMNTS-MonitorEdge-May-2024

Porch Group

Porch Soars, Peloton Sinks and CE 100 Index Barely Budges With 0.4% Gain
Porch Soars, Peloton Sinks and CE 100 Index Barely Budges With 0.4% Gain
November 13, 2023  |  Connected Economy

The CE 100 Index added 0.4% in a wild week where double-digit declines and gains were the norm — earnings season continued to dominate the...

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Insurance Segment Drives 195% Year-Over-Year Growth for Porch Group
Insurance Segment Drives 195% Year-Over-Year Growth for Porch Group
November 07, 2023  |  Earnings

Seattle-based vertical software company Porch Group announced Tuesday (Nov. 7) its financial results for the third quarter of 2023. The company reported total revenue of...

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CE 100 Index Down 0.3% as Shopping Losses Temper Porch, Affirm Gains
CE 100 Index Down 0.3% as Shopping Losses Temper Porch, Affirm Gains
May 15, 2023  |  Connected Economy

Earnings season is wrapping up.  And movement in the “Shopping” and “Live” pillars helped determine the fate of the CE 100 Index, which lost 0.3%...

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CE100 Down 1.9%, Caps Dismal September as Nike Sinks 14%
CE100 Down 1.9%, Caps Dismal September as Nike Sinks 14%
October 03, 2022  |  Connected Economy

It could have been worse. Significantly worse. The ConnectedEconomy™ (CE100) Stock Index sank 1.9% in a week that saw the broader markets decline by about...

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FedEx Rout, BNPL Scrutiny Help Drive CE100 Index Down 5.3%
FedEx Rout, BNPL Scrutiny Help Drive CE100 Index Down 5.3%
September 19, 2022  |  Connected Economy

Markets were roiled this past week by concerns over inflation, and over Fed rate hikes, and over consumer demand, especially — and it may have...

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Shopify, Porch Lead Surge in ConnectedEconomy100 Index
Shopify, Porch Lead Surge in ConnectedEconomy100 Index
September 12, 2022  |  Connected Economy

It’s a rare occasion when the Connected Economy 100 (CE100™) Index outperforms the broader markets, but we’ve seen that happen in the past week. To...

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CE100 Index Jumps 8.9% in July as Sezzle, Amazon Lead Gains
CE100 Index Jumps 8.9% in July as Sezzle, Amazon Lead Gains
August 01, 2022  |  Connected Economy

A wild and wooly ride, indeed. But in the end, the PYMNTS Connected Economy™ 100 Index (CE100 Index™) managed to post positive 2.5% returns for...

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Porch Expands Into InsurTech, Adds Services With Key Acquisitions
Porch Expands Into InsurTech, Adds Services With Key Acquisitions
January 15, 2021  |  Partnerships / Acquisitions

Home services platform Porch Group is branching out with the acquisition of four digital platforms that will expand its Total Addressable Market (TAM) by almost...

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