3 Years Ago
1 Min Read

PRCH shares descended -5% today. Here's what's moving the stock:



Shares of Porch Group Inc - Class A (PRCH) are trading -5% lower at a price of $2.335 at the time of this writing. While the Consumer Discretionary sector is having a slightly bearish day in general, the company is moving less than it's peers.

  • Porch Group Inc. and Covéa have mutually agreed to terminate the proposed sale of Covéa to Porch
  • The transaction was first announced in January and faced some regulatory hurdles

Porch Group Inc - Class A has been trading between a 52-week high of $27.5 and a 52-week low of $1.8. The stock has a market cap of $233 Million.

Seattle-based Porch Group, the vertical software platform for the home, provides software and services to more than 10,500 home services companies such as home inspectors, moving companies, real estate agencies, utility companies, and warranty companies. Through these relationships and its multiple brands, Porch provides a moving concierge service to homebuyers, helping them save time and make better decisions on critical services, including insurance, moving, security, TV/internet, home repair and improvement, and more.

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