Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Better Buy: Lemonade vs. Rocket

TheMotleyFool

0 0

Lemonade (NYSE: LMND) and Rocket Companies (NYSE: RKT) both joined the public markets with initial public offerings this year. Lemonade is an insurance technology company that leverages artificial intelligence to sell renters and homeowners insurance, while Rocket Companies is the largest mortgage originator in the U.S.

Lemonade IPO'd in July and is currently trading roughly 75% higher than when it was first priced at $29 per share. Rocket IPO'd in August, offering shares at $18 and is currently trading about 14% higher than its offering price. Both have been volatile since their IPOs. Let's see which is better positioned to succeed.

Image Source: Getty Images.

Source Fool.com

Like: 0

LMND

Share