LMND Surges 97% Year to Date: How Should You Play the Stock?

Key Takeaways LMND shares have soared 96.7% YTD, far outpacing the broader industry and market gains.Diversified offerings, AI-driven pricing, and a 30% IFP growth target are boosting LMND's outlook.Despite efficiency gains, LMND remains unprofitable and trades at a high price-to-book multiple of 10.33.Shares of Lemonade Inc. (LMND) have skyrocketed 96.7% year to date, outperforming the industry’s increase of 12.4%, the Finance sector’s rise of 14.6% and the Zacks S&P 500 composite’s gain of 18.5% in the sa ...