News

#Lemonade’s stock slides after digital insurer’s soft guidance offsets narrower-than-expected loss

#Lemonade’s stock slides after digital insurer’s soft guidance offsets narrower-than-expected loss
Lemonade Inc.’s stock tumbled in after-hours trade Tuesday, after the digital insurer, which uses AI to power its business, offered soft guidance, offsetting a narrower-than-expected second-quarter loss and revenue that matched estimates.

If you liked the article, do not forget to share it with your friends. Follow us on Google News too, click on the star and choose us from your favorites.

If you want to read more News articles, you can visit our News category.

Source

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Close

Please allow ads on our site

Please consider supporting us by disabling your ad blocker!