Hippo shareholders urge board to commence strategic review on 'abysmal' results
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

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....

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Gift this article