Streetbeat News

LMND

Lemonade, Inc.

https://www.lemonade.com

Industry

Insurance - Property & Casualty

Lemonade, Inc. provides various insurance products in the United States and Europe. Its insurance products include stolen or damaged property, and personal liability that protects its customers if they are responsible for an accident or damage to another person or their property. The company also offers renters, homeowners, pet, car, and life insurance products, as well as landlord insurance policies. In addition, it operates as an agent for other insurance companies. The company was formerly known as Lemonade Group, Inc. and changed its name to Lemonade, Inc. Lemonade, Inc. was incorporated in 2015 and is headquartered in New York, New York.

Open

28.14

Mkt cap

2B

Volume

3.1M

High

28.70

P/E Ratio

-8.99

52-wk high

29.41

Low

26.89

Div yield

N/A

52-wk low

13.72

Lemonade, Inc. has extended its Customer Acquisition Cost (CAC) financing agreement with General Catalyst until December 2025. This extension allows Lemonade to continue its growth strategy with the support of General Catalyst, a significant investor in the company.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 9:30 pm

In Thursday's intraday session, insurance stocks saw notable movements. Huize Holding (HUIZ) rose 5.82%, Donegal Gr (DGICB) increased by 5.08%, and Abacus Life (ABL) went up by 4.13%. Conifer Holdings (CNFR), Tian Ruixiang Holdings (TIRX), and Skyward Specialty (SKWD) also saw gains. On the downside, Reliance Global Group (RELI) dropped by 5.39%, Lemonade (LMND) fell 5.21%, and SelectQuote (SLQT) declined by 4.15%. Maiden Hldgs (MHLD), Selective Insurance Gr (SIGIP), and eHealth (EHTH) experienced losses as well. All mentioned stocks traded at 0% of their average full-day volume over the last 100 days.

Portfolio Pulse from Benzinga Insights

January 11, 2024 | 5:40 pm

In Tuesday's intraday session, insurance stocks saw notable movements. Gainers included Reliance Global Group (RELI), eHealth (EHTH), Kemper Corporation Debentures (KMPB), Brighthouse Financial (BHFAP), Heritage Insurance Holdings (HRTG), and American Financial Group Debentures (AFGE). Losers comprised James River Group Holdings (JRVR), Abacus Life (ABL), ProAssurance (PRA), Root (ROOT), Tiptree (TIPT), and Lemonade (LMND). The movements were reported with respective changes in stock prices and trading volumes, which were at 0% of their average full-day volumes over the last 100 days.

Portfolio Pulse from Benzinga Insights

January 09, 2024 | 5:40 pm

In Thursday's intraday session, several insurance stocks experienced notable movements. Gainers included FG Finl Gr (FGF and FGFPP), Hamilton Insurance Group (HG), MBIA (MBI), Palomar Hldgs (PLMR), and Lemonade (LMND), with increases ranging from 3.05% to 8.45%. Losers were Reliance Global Group (RELI), Maiden Hldgs (MHLD), Huize Holding (HUIZ), American Coastal (ACIC), eHealth (EHTH), and HCI Group (HCI), with declines between 2.18% and 4.78%. All mentioned stocks traded at volumes representing 0% of their average full-day volume over the last 100 days.

Portfolio Pulse from Benzinga Insights

January 04, 2024 | 5:40 pm

In Wednesday's intraday session, insurance stocks saw movement with Kingstone Companies (KINS), Fanhua (FANH), Abacus Life (ABL), Arch Capital Group (ACGL), Ambac Financial Group (AMBC), and Axis Capital Holdings (AXS) experiencing gains, while FG Finl Gr (FGF), Trupanion (TRUP), Global Indemnity Group (GBLI), Lemonade (LMND), Fidelity National Finl (FNF), and Prudential (PUK) saw declines. The movements were reported with respect to their trading volumes and market caps as of 12:40 EST.

Portfolio Pulse from Benzinga Insights

January 03, 2024 | 5:40 pm

In Monday's intraday session, insurance stocks saw movement with Crawford, American Financial Group debentures, Hallmark Financial Services, and Brighthouse Financial shares rising, while GoHealth, Tian Ruixiang Holdings, Cheche Group, SelectQuote, Lemonade, and James River Group Holdings fell. Trading volumes for these stocks were at 0% of their average full-day volume over the last 100 days.

Portfolio Pulse from Benzinga Insights

January 01, 2024 | 5:40 pm

In Friday's intraday session, insurance stocks saw movement with Reliance Global Group, Huize Holding, Marpai, Kemper Corporation, American Financial Group, and NI Holdings experiencing gains, while GoHealth, Lemonade, SelectQuote, FG Finl Gr, American Coastal, and eHealth faced declines. The gains and losses are based on percentage changes in stock prices and are accompanied by trading volumes which are compared to their average full-day volumes over the last 100 days.

Portfolio Pulse from Benzinga Insights

December 29, 2023 | 5:40 pm

In Tuesday's intraday session, several insurance stocks experienced notable movements. Gainers included Investors Title (ITIC), Oxbridge Re Holdings (OXBR), Marpai (MRAI), Lemonade (LMND), eHealth (EHTH), and Goosehead Insurance (GSHD), with increases ranging from 4.6% to 8.83%. Losers comprised Reliance Global Group (RELI), Universal Insurance Holdings (UVE), Tiptree (TIPT), Maiden Holdings (MHLD), Reinsurance Group (RGA), and FG Financial Group (FGFPP), with declines between 0.68% and 5.76%. All stocks traded at 0% of their average full-day volume over the last 100 days as of 12:40 EST.

Portfolio Pulse from Benzinga Insights

December 19, 2023 | 5:40 pm

Financial stocks are trading lower due to overall market weakness and comments from New York Fed President Williams indicating that the central bank is not considering rate cuts at the moment.

Portfolio Pulse from Benzinga Newsdesk

December 15, 2023 | 8:22 pm

In Friday's intraday session, insurance stocks saw movement with SiriusPoint, Fanhua, Skyward Specialty, Kinsale Cap Gr, Kingstone Companies, and Fidelity National Finl recording gains, while Trupanion, Lemonade, Hamilton Insurance Group, MBIA, Marpai, and Conifer Holdings experienced losses. The changes in stock prices were accompanied by trading volumes that were in line with their respective 100-day average volumes.

Portfolio Pulse from Benzinga Insights

December 15, 2023 | 5:40 pm

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