Why Is Lemonade Down After Great Earnings?
In this video I will go over Lemonade's (NYSE: LMND) Q2 earnings report and talk about why this was actually a promising report, seeing as it raised guidance again for the full year. Lemonade has no concrete launch date for car insurance, nor is it including anticipated IFP for Lemonade Car in the company's guidance for FY 21. Life insurance has been a bit slower out of the gate than pet insurance, but the signals are strong, and Lemonade will continue to allocate marketing dollars to the product.
