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Lemonade, Inc. (LMND): A Bull Case Theory

We came across a bullish thesis on Lemonade, Inc. (LMND) on Substack by Lorenzo Bastianelli. In this article, we will summarize the bulls’ thesis on LMND. Lemonade, Inc. (LMND)'s share was trading at $51.02 as of Nov 25th.

[caption id="attachment_1212867" align="aligncenter" width="768"] An insurance agent with a tablet device accessing a technology-enabled platform.[/caption]

Lemonade’s recent quarterly results underscore its continued progress and robust growth, evident in the 24% year-over-year increase in In-Force Premium (IFP) to $889 million in Q3, accelerating from the...