3 Years Ago
1 Min Read

Shares of LMND are trading -8% lower today. Here's what's moving the stock:



Shares of Lemonade, Inc. (LMND) are trading -8% lower at a price of $18.25 at the time of this writing.

  • The company intends to release its earnings report for the second quarter of 2022 on August 10
  • This will be its first earnings report since going public via a special purpose acquisition company (SPAC) merger 
  • Wall Street is currently estimating earnings per share of 21 cents on revenue of $242.8 million for the second quarter of the year

Lemonade, Inc. has been trading between a 52-week high of $91.35 and a 52-week low of $15.99. The stock has a market cap of $1.13 Billion.

Lemonade offers renters, homeowners, and pet health insurance in the United States, contents and liability insurance in Germany and the Netherlands, and renters insurance in France, through its full-stack insurance carriers. Powered by artificial intelligence and behavioral economics, Lemonade set out to replace brokers and bureaucracy with bots and machine learning, aiming for zero paperwork and instant everything. A Certified B-Corp, Lemonade gives unused premiums to nonprofits selected by its community, during its annual Giveback.

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