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.

Why Lemonade Stock Surged Today

TheMotleyFool

0 0

Shares of Lemonade (NYSE: LMND) leapt 17% on Monday, furthering the AI-powered insurance company's torrid gains since its initial public offering (IPO) on July 2.

Lemonade priced its IPO shares at $29. Its stock ended its first day of trading on the public markets at $69.41. That 139% pop -- combined with the stock's additional gains today -- makes Lemonade one of the best-performing IPOs of the year so far.

Lemonade's stock price is up sharply since its IPO. Image source: Getty Images.

Source Fool.com

Like: 0

LMND

Share