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A big milestone has been reached.
In this video, I will go over Lemonade's (LMND 11.86%) second-quarter earnings, which saw shares of the company crash by 16%. But I've seen enough positive signs to increase my small position, and I'll explain why.
*Stock prices used were from the trading day of July 30, 2024. The video was published on July 31, 2024.
Neil Rozenbaum has positions in Lemonade. The Motley Fool has positions in and recommends Lemonade. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
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*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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