Lemonade shares fall 12% after Q2 loss, slow progress on auto launch
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Lemonade shares fall 12% after Q2 loss, slow progress on auto launch

Eileen AJ Connelly
August 05, 2021
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Lemonade shares dropped 12.2% in Thursday trading after the InsurTech reported that its Q2 loss more than doubled as expenses rose, and it offered little information about the progress of its auto launch.

The stock was trading at $78.46 on Thursday afternoon, a drop of nearly half from Lemonade’s closing peak in February at $163.93.

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Eileen AJ Connelly
Contributing Editor
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