Shares of Lemonade, Inc. (LMND) traded -8.56% lower at a price of $23.215 at yesterday's close. While the Financials sector had a slightly gloomy day in general, the company faltered behind it's peers.

Lemonade, Inc. has been trading between a 52-week high of $81.68 and a 52-week low of $15.99. The stock has a market cap of $1.6 Billion.

Lemonade offers renters, homeowners, and pet health insurance in the United States, contents and liability insurance in Germany and the Netherlands, and renters insurance in France, through its full-stack insurance carriers. Powered by artificial intelligence and behavioral economics, Lemonade set out to replace brokers and bureaucracy with bots and machine learning, aiming for zero paperwork and instant everything. A Certified B-Corp, Lemonade gives unused premiums to nonprofits selected by its community, during its annual Giveback.

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