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Lemonade, Inc. (LMND): A Bull Case Theory

We came across a bullish thesis on Lemonade, Inc. (LMND) on Investment Ideas by Antonio’s Substack by Antonio Linares. In this article, we will summarize the bulls’ thesis on LMND. Lemonade, Inc. (LMND)'s share was trading at $35.76 as of 5th June.

[caption id="attachment_1214637" align="aligncenter" width="768"] A close-up of a family receiving life insurance coverage documents.[/caption]

Lemonade has demonstrated remarkable scalability, growing its in-force premium by 65% since 2022 while keeping operating expenses flat, which signals both efficient capital deployment and a...