Lemonade Reports Strong Q1 Results and Raises Guidance, Boosting Stock
Lemonade (LMND) stock rose 7.3% in premarket trading after reporting better-than-expected Q1 results and raising its guidance. The company also reaffirmed its target of achieving positive adjusted EBITDA by Q4 2026 and highlighted the role of AI in its operations.
Tickers: $LMND
Topics: earnings report EBITDA forecast guidance update insurtech stock price movement