Hippo 'unsatisfied' with stock performance: CEO Wand
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Hippo 'unsatisfied' with stock performance: CEO Wand

Hippo palo alto with Assaf Wand.jpg

Hippo CEO Assaf Wand said the company is “unsatisfied with the share price performance” during the company's Q4 earnings call with analysts but expressed confidence in the InsurTech’s future.

“We have more confidence than ever in Hippo’s long-term prospects,” he said.

Hippo’s stock has dropped 32% since the start of the year to around $2 per share, and nearly 80% since the company began trading publicly in August.

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