Hippo shareholders urge board to commence strategic review on 'abysmal' results
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Hippo shareholders urge board to commence strategic review on 'abysmal' results

Hippodominos

Hippo shareholders Bradley Radoff and Etude Capital have sent a letter to the company’s board of directors requesting the initiation of a strategic review.

The shareholders are among the company’s top 10 largest and hold nearly 2.5% of outstanding shares.

The letter states: “Since becoming a publicly traded entity in early 2021, Hippo has generated abysmal financial results and operated in an unsustainable manner....

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