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49.16
1.54%
-0.77
Why is Lemonade Inc (LMND) Stock down?
We've noticed a 5.75% decline in Lemonade Inc (LMND) stock during the 2024-11-12 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
03 Aug, 2023:
Lemonade (LMND) shares fell 21.57% despite strong Q2 results. Revenue up 109% YoY at $104.6 million, but 94% gross loss ratio from catastrophic weather worried investors. Full-year revenue expected to be higher, but net loss and loss ratio monitored. Some sold positions today.
https://www.fool.com/investing/2023/08/03/why-lemonade-stock-is-falling-today/
24 Jul, 2023:
LMND's stock fell 6.38% after the company announced it would start using "synthetic agents" to promote its business. It has hatched a plan for a partner to fund customer acquisition costs without taking a lifetime cut of the policy.
https://www.fool.com/investing/2023/07/24/lemonade-just-made-a-confusing-announcement-lets-s/
0.54%
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