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Powered by General Catalyst, Lemonade’s Synthetic Agents program seeks to close the cash-flow gap and unlock cash-friendly scaling Lemonade (NYSE: LMND), the digital insurance company powered by AI and social impact, announced it has partnered with General Catalyst (GC), a le...
2023-06-23 10:21:19 ET Lemonade (NYSE: LMND) saw its share price fall 11.1% this week, as of Friday morning at 9:30 a.m. ET, according to S&P Global Market Intelligence . It had been down as much as 16% during the week. Lemonade was trading at about $17.50 per share at the m...
2023-06-23 05:20:00 ET Lemonade (NYSE: LMND) and Opendoor (NASDAQ: OPEN) both tried to shake up mature industries with digital-only platforms. Lemonade streamlined the byzantine process of buying insurance plans with an AI-powered chatbot app. Opendoor's online platform stre...
2023-06-22 11:04:45 ET Lemonade ( NYSE: LMND ), the AI-powered insurer, said on Thursday it has renewed its reinsurance program for the next year. The program was led by the same tier-one carriers as the expiring program and was oversubscribed on all dimensions. The reinsura...
2023-06-22 09:19:00 ET Lemonade (NYSE: LMND) dazzled investors when it went public nearly three years ago. It simplified the byzantine process of buying insurance plans with an AI-powered app that insures its users within 90 seconds and processes their claims within three minutes. T...
The program, led by Lemonade’s existing partners, will commence July 1, 2023. Lemonade’s financial expectations for Q2 and full year 2023 remain unchanged. Lemonade (NYSE: LMND), the digital insurance company powered by AI and social impact, announced that its reinsura...
2023-06-20 15:39:00 ET Shares of Lemonade (NYSE: LMND) were turning sour today after the insurtech company got an analyst downgrade from Morgan Stanley . The bearish commentary was enough to push the stock down 9.6% as of 2:29 p.m. ET, putting the brakes on its recovery this...
2023-06-20 12:01:34 ET Gainers: Iris Energy ( IREN ) +18% on expansion plan . Hut 8 Mining ( HUT ) +15% . Alvarium Tiedemann Holdings ( ALTIW ) +11% . Crawford & Company (CRD-B) +10% . Bitfarms ( BITF ) +9% . Losers...
2023-06-20 11:32:08 ET Summary Lemonade has made significant strides in the insurance industry, leveraging cutting-edge technology to streamline processes and improve customer experiences. Lemonade stock has gained 43% this year, helped by the momentum behind companies that facili...
2023-06-20 08:29:14 ET Surgalign Holdings SRGA -49% on bankruptcy filing . Dragonfly Energy Holdings ( DFLI ) -22% . EdtechX Holdings Acquisition ( EDTX ) -11% . Arcellx ACLX -12% as FDA issues clinical hold on multiple myeloma candidate. Le...
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This year’s Giveback marks more than $10 million donated to 86 organizations since inception, impacting millions of people globally. Lemonade (NYSE: LMND), the digital insurance company driven by AI and social impact, announced its 2024 Giveback, marking the eighth consecutiv...
In partnership with Aviva, Lemonade launches Buildings and Contents insurance to give homeowners a fully-digital approach to protecting their home and belongings Lemonade , the digital insurance company powered by AI and social impact, today announced the launch of Buildings and Con...
2024-07-11 05:37:00 ET No investor gets it right all the time, and I'm certainly not an exception. While I've cut my losses on a few losing investments in recent years, there are some I still own, even though they've been beaten down. Here's why I'm holding on to Lemonade (NYSE: LMND)...