Is Lemonade Stock a Buy Now?

·5 min read
Is Lemonade Stock a Buy Now?

Lemonade's (NYSE: LMND) stock price surged 14% during after-hours trading on Aug. 8 following its second-quarter report. The online-based auto, home, rent, pet, and term life insurer's revenue rose 77% year over year to $50 million, which beat analysts' estimates by $2.