Why Lemonade Stock Has Tripled Since November

Why Lemonade Stock Has Tripled Since November

Lemonade (NYSE: LMND) is disrupting the insurance industry with its tech-driven strategy. The company combines big data, behavioral economics, and artificial intelligence to make its business more efficient than traditional insurers. In the last few months, Lemonade has been in the spotlight with news about the recent lockup expiration, a product launch in Europe, and various Wall Street analyst upgrades.