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Why Lemonade Stock Leaped Today

TheMotleyFool

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Why Lemonade Stock Leaped Today: https://g.foolcdn.com/editorial/images/877676/lmnd-stock.png

Shares of Lemonade (NYSE: LMND) furthered their recent ascent on Monday. Investors are growing increasingly intrigued by the future earnings power of the artificial intelligence (AI)-powered insurance provider.

Image source: The Motley Fool.

The market continues to reprice Lemonade's shares following its announcement on June 30 that it renewed its reinsurance program on significantly better terms.

Source Fool.com

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