NYSE:LMNDInsurance
Lemonade (LMND): Evaluating Valuation After Strong Q2 Results and Rising Investor Interest
For those watching Lemonade (LMND), the company’s latest second-quarter earnings landed with some intriguing signals. Lemonade not only surpassed revenue expectations but also reported a better gross loss ratio, hinting at stronger fundamentals in its fast-changing insurance business. There was also some executive action, as CFO Timothy E. Bixby recently sold shares to cover tax obligations related to RSU vesting. This is routine, but still draws extra attention when paired with upbeat...