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home / news releases / MILE - InsurTech Stocks: Lemonade Holding Aces Against Root


MILE - InsurTech Stocks: Lemonade Holding Aces Against Root

  • Lemonade and Roots Incorporated went public in 2020 and are now trading at about 80% below their peak.
  • Both companies have promising offerings, but Lemonade appears to be far ahead on the growth curve than Root.
  • Lemonade has exploded its topline growth with fast-paced customer growth while ROOT is struggling even to maintain its current levels.
  • I am bullish on Lemonade because of its disruptive market strategies showing promising results and bearish on Root because of the high volatility and bleak outlook revolving around the stock.

For further details see:

InsurTech Stocks: Lemonade Holding Aces Against Root
Stock Information

Company Name: Metromile Inc.
Stock Symbol: MILE
Market: NASDAQ
Website: metromile.com

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