The CE 100 Index rallied by 2.2% this past week, starting the last month of trading in 2024 on a positive note. The Live segment stood out here, jumping by more than 7.2%. Within that pillar of the CE 100 Index, Porch Group’s share surged...
The scorching post-election rally that lifted stocks across all market capitalizations and verticals paused this past week. Even post-earning surges in select CE 100 names were not enough to lift the overall index, which slipped 1.5%. Eight of the 11 pillars lost ground, along with...
Earnings, earnings everywhere — and for connected economy stocks in the CE 100 Index, roaring ahead almost in lockstep, the week was a good one. Indeed, two sectors of the CE 100 — the Live segment and the Pay and Be Paid pillar — surged...
The avalanche of earnings reports continued this past week, driving the CE 100 Index 2.1% higher. Porch Group shares surged nearly 73% and drove the Live segment ahead by 7.6%. The company said this week that the Texas Department of Insurance has approved its application...
January 06, 2025
The CE 100 Index ended the last few days of 2024 and the first few days of the new year with a slight gain, adding 0.3%, while broader markets fell across the board. The Live Pillar pulled ahead by 2.3%, buoyed by iRobot, a volatile name that was up more than 24% through the week, […]
December 09, 2024
The CE 100 Index rallied by 2.2% this past week, starting the last month of trading in 2024 on a positive note. The Live segment stood out here, jumping by...
November 18, 2024
The scorching post-election rally that lifted stocks across all market capitalizations and verticals paused this past week. Even post-earning surges in select CE 100 names were not enough to lift...
November 11, 2024
Earnings, earnings everywhere — and for connected economy stocks in the CE 100 Index, roaring ahead almost in lockstep, the week was a good one. Indeed, two sectors of the...
May 10, 2024
Porch Group, a U.S. homeowners insurance and home inspection software company, reportedly sued China Construction Bank (CCB), alleging reinsurance fraud. In its complaint, Porch alleged that the Chinese lender conspired with employees of Vesttoo, a now-bankrupt Israeli insurance firm, to issue fake reinsurance letters of credit, Reuters reported Friday (May 10). CCB did not immediately reply to PYMNTS’ request […]
January 10, 2024
Porch Group has launched a fraud warning product for title and escrow companies. The new RynohVerifi product is designed to help protect against payment fraud by confirming the payee account ownership and...
November 07, 2023
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 $129.6 million, representing a 67%...
January 15, 2021
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 $100 billion, Porch said in...
