ROOT is trading 10.22% down at $51.31 in pre-market after Q3 revenue of $381.3 million missed estimates, though EPS beat expectations. - Shares are down from the November 4 close of $57.15; premiums fell and policies were flat sequentially. - Management expects year-end policies to be broadly in line with Q3, with competition pressuring growth. - The financial-sector pre-market gain does not explain ROOT’s move in the opposite direction.