Lemonade’s stock slides 14% after digital insurer’s soft guidance offsets narrower-than-expected loss

By / / Finance / 1 minute of reading



im 776174
Lemonade Inc.’s stock tumbled 14% in after-hours trade Tuesday, after the digital insurer, which uses AI to power its business, offered soft guidance, offsetting a narrower-than-expected second-quarter loss and revenue that matched estimates.



Source link

About The Author

Avatar of Shana Hull
Shana Hull is a professional writer, editor, and interviewer. She's written for a variety of publications in the arts, construction, automotive, travel, real estate, and fashion industries. Shana has also worked as a content strategist for several companies in the finance and technology sectors.

Start typing and press enter to search

Scroll to Top