Why Lemonade Stock Is Climbing Today

Shares of Lemonade (NYSE: LMND) are gaining ground today. The insurance fintech stock was up roughly 1.3% as of 1 p.m. EDT, according to data from S&P Global Market Intelligence.

Reliance Global Group (NASDAQ: RELI) published a press release today announcing that its Fortman Insurance Services subsidiary had been approved to offer Lemonade's insurance products. Lemonade also recently announced that it had appointed vice president of operations Adina Eckstein as chief operating officer on July 21, replacing Shai Wininger in the role.

Image source: Getty Images.

Continue reading

Source Fool.com