Looking to Buy Lemonade Stock? Here Are 3 Things You Must Know

The innovative fintech company is trying to disrupt the huge insurance industry. In the six or so months following its public markets debut, Lemonade (LMND -0.12%) was a high-flying stock. But rising interest rates caused investors to be more critical of fast-growing and unprofitable businesses. Now, the shares trade 90% below their peak price from January 2021. Lemonade just reported its second quarter (ended June 30) financials. The results were met with disappointment. But if you're considering buying th ...