Could Lemonade Be a Millionaire-Maker Stock?

1 min read

Lemonade (NYSE: LMND) was one of the hottest IPOs of 2020. The online insurance company went public last July at $29 per share, closed above $69 on the first day, and is now worth nearly $100.

Lemonade’s platform offers a streamlined way for users to sign up for home, renters, life, and pet insurance policies. By using artificial intelligence and chatbots, Lemonade can insure users within 90 seconds, and process their claims and payments within three minutes.

Image source: Getty Images.

Continue reading

Leave a Reply

Your email address will not be published.

Previous Story

3 Great Reasons to Buy First Solar Stock Despite Investor Fears

Next Story

Why Spotify Is Set to Win Over the Long Term

Latest from Blog