Is Lemonade Stock Going Lower or Did It Bottom?
In this video, I will revisit some of the reasons I am invested in Lemonade (NYSE: LMND). The company recently hired a new chief claims officer who worked for 27 years for a legacy insurance company. I will also go over the projected total addressable market for car and pet insurance because I think these two segments of the business will most likely have big positive impacts on the business in the short and long term. You can find the video below, but here are some of the highlights.
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*Stock prices used were the closing prices of Nov. 19, 2021. The video was published on Nov. 21, 2021.
Source Fool.com
