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General Description

Tiptree

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Ticker: TIPT

Sector: Insurance

Greenwich, Connecticut-based Tiptree Wednesday reported third-quarter net income of $2.2 million. Proceeds of the IPO will be used to support Fortegra growth. Maldon & Tiptrees are a team in.
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Extended Summary

Tiptree

Greenwich, Connecticut-based Tiptree Wednesday reported third-quarter net income of $2.2 million. Proceeds of the IPO will be used to support Fortegra growth. Tiptree intends to take its specialty insurance subsidiary, Fortegra, public. The company reported a net income of $7.1 million for Q3 2023, net loss of $9.1m in 2022. Scott McKinney Chief Financial Officer at Tiptree Inc. is excited to welcome Scott to his new role. Maldon & Tiptree are a team in Football Manager 2023. Maldon and Tiptrees play in the English Isthmian League North Division in England in FM 23. Tiptree shares rose 10% to $16.70 after the company issued third-quarter results. TheStreet upgraded TheStreet from a “c” rating to a ‘b-” in a research report. Tiptree Inc. plans to IPO Fortegra, potentially valuing the company at around $2 billion and unlocking potentially 100% upside for shareholders. The value embedded within Tiptrees stock is significant and the value embedded in it is significant.

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November 06, 2023 17:07 (London Time)

Tiptree

Greenwich, Connecticut-based Tiptree Wednesday reported third-quarter net income of $2.2 million. Proceeds of the IPO will be used to support Forteg…
Sector: Insurance
Ticker: TIPT
Sentiment: 0.9628
MarketCap: 642,385,944.0
High: 17.49 Low: 17.02

Open: 17.48 Close: 17.07 Change: -0.41

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