It was scary Van. The noise was equal to a large plane.
Listen: FARM coffee let me know &
Rover Group, Inc. (ROVR)
NasdaqGM - NasdaqGM Real Time Price. Currency in USD
$12.40+0.78 (+6.71%)--
At close: September 1 4:00PM EDT--
Description
Rover Group, Inc. operates an online marketplace for pet care worldwide. It connects pet parents with pet providers who offer overnight services, including boarding and in-home pet sitting, as well as daytime services, such as doggy daycare, dog walking, drop-in visits, and grooming. The company was incorporated in 2011 is based in Seattle, Washington.
Rover initiated with Outperform on strong retention at William Blair 08/26
ROVR
William Blair analyst Ralph Schackart initiated coverage of Rover Group with an Outperform rating and no price target. Rover's platform has continually driven strong retention among both pet owners and pet care providers, with over 90% revenue retention from pet care providers between year one and year two on the platform, Schackart tells investors in a research note. The analyst says the company excels at maintaining a steady stream of new supply and demand, with 67% of pet parents coming to the platform after previously using pet care services only from friends, family, or neighbors.