LMND News and Press, Lemonade Inc. From 05/30/24

2024-05-30 08:00:00 ET Many investors have soured on Lemonade (NYSE: LMND) over the past four years. The online insurer went public at $29 in July 2020, skyrocketed to an all-time high of $183.26 on Jan. 11, 2021, but now trades at about $16. Lemonade initially impressed investo...

2024-05-24 07:14:10 ET Lemonade (NYSE: LMND) stock price is not doing well as the company’s revenue and losses rise. It has plunged by over 91% from its highest level in 2021, pushing its total market cap from over $12 billion to about $1 billion today. Root Inc. is beating L...

2024-05-13 15:05:58 ET Van Eck Associates Corp just announced to have trimmed its stake in Lemonade Inc (NYSE: LMND). Shares of the insurance firm are still up more than 15% at writing. Van Eck sold $244,000 worth of $LMND The investment management company lowered its exposure t...

Lemonade, Inc. (NYSE: LMND) has caught the attention of the investment community today with its bullish price action. The company's shares have moved 18.12% on the day to $19.59. Lemonade, Inc. provides various insurance products in the United States and Europe. Its insurance products include ...

2024-05-13 07:25:00 ET Lemonade (NYSE: LMND) has done a poor job of quenching the thirst of its investors. Shares of this innovative insurance business currently trade 91% below their all-time high, a milestone reached in January 2021. Since the start of 2023, shares h...

2024-05-13 05:43:00 ET It wasn't too long ago that it was fully acceptable, and maybe even expected, for unprofitable growth stocks to command high valuations as long as they were growing. With access to as much cheap capital as needed, there wasn't much of a need to focus on efficiency. ...

2024-05-10 09:00:00 ET No hot topic has rattled the minds of investors in recent times quite like artificial intelligence (AI). With the impressive rise of companies like Nvidia and Super Micro Computer , as well as the continued dominance of heavy hitters like ...

2024-05-07 10:06:40 ET Summary Lemonade is leveraging AI and data analytics to streamline its operations. It is working towards achieving positive net cash flow by the beginning of 2025. Look for the company to roll out auto insurance by the beginning of next year. ...

2024-05-06 18:30:02 ET Jefferies analyst issues UNDERPERFORM recommendation for LMND on May 6, 2024 04:49PM ET. The previous analyst recommendation was Underperform. LMND was trading at $17.93 at issue of the analyst recommendation. The overall analyst consensus : BUY. ...

2024-05-06 18:00:03 ET Yaron Kinar from Jefferies issued a price target of $16.00 for LMND on 2024-05-06 16:49:00. The adjusted price target was set to $16.00. At the time of the announcement, LMND was trading at $17.93. The overall price target consensus is at $19.00 wi...