Lemonade share price soars as execs see return to 25% growth in 2024
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Lemonade share price soars as execs see return to 25% growth in 2024

Kyoung-son Song
November 02, 2023
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Lemonade’s share price soared over 30% on Thursday following improved Q3 results and commentary that the InsurTech will return to its long-term growth rate target of around 25% in 2024.

In comparison, the company posted mid- to upper teen growth rates this year, “by choice, by design”, through the amount of growth spend it deployed, said CFO Tim Bixby.

“We

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NewsResultsInsurTechLemonadeEarnings
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Kyoung-son Song
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