LMND Stock Recent News

Here is how Lemonade (LMND) and Acadian Asset Management (AAMI) have performed compared to their sector so far this year.

The S&P 500's high valuations make me more selective, and Lemonade stands out as a high-conviction pick. Lemonade recently surpassed $1B in in-force premiums, demonstrating impressive growth just a decade after its founding. The stock is up 63% since my last 'Strong Buy' rating, but I see significant upside remaining, especially after the reinsurance changes.

Lemonade (LMND 0.26%) has been a wildly volatile stock since its initial public offering five years ago. The online insurance services provider went public at $29 in July 2020, then skyrocketed to a record closing price of $183.26 in early 2021 during the peak of the meme stock mania.

NEW YORK & INDIANAPOLIS--(BUSINESS WIRE)--Lemonade (NYSE: LMND), the digital insurance company powered by AI and social impact, today announced the launch of Lemonade Car in Indiana, marking the latest step in the company's expanding U.S. footprint. Drivers across the state can now access Lemonade's full suite of insurance products—all built for the digital age. As laid out in recent quarterly results and at Investor Day, Lemonade Car is a key growth driver in the company's strategy. Q1 2025 ma.

Lemonade (LMND 0.88%) has experienced explosive growth since going public, and its stock is climbing, up more than 160% during the past year. The insurance technology company has made some serious progress, although there are still risks.

Artificial intelligence (AI) has dominated the stock market since the launch of ChatGPT in late 2022. At that time, the S&P 500 was in a bear market following the post-pandemic hangover and a spike in inflation.

NEW YORK--(BUSINESS WIRE)--Lemonade, Inc. (NYSE: LMND), the digital insurance company powered by AI and social impact, announced that its reinsurance program is being renewed. Given strong progress in the company's diversification, underwriting prowess and loss ratio trajectory, the Company has chosen to reduce the ceded proportion of its quota share reinsurance from approximately 55% to approximately 20%, effective July 1. The variable ceding commission rate related to the quota share agreemen.

The rapid growth of artificial intelligence (AI) has already had a massive impact on the stock market. Many AI companies have seen their valuations skyrocket.

Lemonade (LMND) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.

The artificial intelligence (AI) revolution is transforming entire industries at an unprecedented pace. While analysts project that the global AI market will grow to over $2 trillion by 2030, we're still in the early stages of this technological transformation.