Why Lemonade Stock Is Up More Than 15% on Tuesday
High-tech insurer Lemonade (NYSE: LMND) continues leading the industry into the future. And, analysts are taking notice. Morgan Stanley upgraded Lemonade stock on Tuesday for its future-minded efforts, in fact, citing its new partnership with electric vehicle manufacturer Tesla (NASDAQ: TSLA) meant to address a problem that a growing number of newer car owners face. That is, how to insure self-driving automobiles. Morgan Stanley believes Lemonade's getting a handle on the nascent business, giving it a firs ...