Reported 2 days ago
Before buying Lemonade (NYSE: LMND) stock, it's crucial to understand its growth strategy, unique B-Corp status, and the competitive landscape of the insurance industry. While Lemonade has shown significant revenue growth and aims for ambitious premium targets, it's still trading below its peak and lacks an economic moat against larger competitors. Investors should weigh these factors carefully, especially since Lemonade is not yet profitable.
Source: YAHOO