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Is Lemonade Stock Cheap or Expensive?

TheMotleyFool

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Is Lemonade Stock Cheap or Expensive?Photo, wide shot, wide-angle lens, soft focus, Underwriting company, sunset photo at golden hour, photo by Peter Lik: https://oaidalleapiprodscus.blob.core.windows.net/private/org-IbuNdCATsFaPOITjFOv2kJh3/user-AXaxqjBUW45D8BadJEo9mUpW/img-N0Y6W7kvQQgUHnb7hSHO9TTV.png?st=2024-05-14T11%3A36%3A30Z&se=2024-05-14T13%3A36%3A30Z&sp=r&sv=2021-08-06&sr=b&rscd=inline&rsct=image/png&skoid=6aaadede-4fb3-4698-a8f6-684d7786b067&sktid=a48cca56-e6da-484e-a814-9c849652bcb3&skt=2024-05-13T19%3A10%3A46Z&ske=2024-05-14T19%3A10%3A46Z&sks=b&skv=2021-08-06&sig=1qvKLOloU0OWrpqzcuH7YcgBv7QI0hAOq2gAtJGiGqs%3D

Insurance technology company Lemonade (NYSE: LMND) is about 75% off its highs, but it still trades for a rather high multiple of its revenue -- or so it seems. In this Fool Live clip, recorded on Nov. 29, Lemonade's co-founder and co-CEO Daniel Schreiber discusses in an interview with Fool.com contributor Matt Frankel why there is more to Lemonade's valuation metrics than it may seem.

Source Fool.com

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