The insurance disruptor is still a long way from profitability, but things are moving in the right direction.
Lemonade (LMND 0.83%) recently reported its first-quarter earnings, and while there are still concerns about the business, growth is still impressive, and the numbers are moving in the right direction. In this video, I'll discuss the numbers and whether Lemonade could be an excellent investment opportunity.
*Stock prices used were the midday prices of May 11, 2023. The video was published on May 11, 2023.
Matthew Frankel, CFP® has positions in Lemonade. The Motley Fool has positions in and recommends Lemonade. The Motley Fool has a disclosure policy.
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