|Bid||1,030.00 x N/A|
|Ask||1,049.99 x N/A|
|Day's Range||1,000.01 - 1,050.00|
|52 Week Range||907.50 - 1,419.00|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 28, 2022 - Mar 04, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
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On Nov. 8, Lemonade (NYSE: LMND) announced that it would be acquiring Metromile (NASDAQ: MILE) in an all-stock transaction that's expected to close in the first half of 2022. In this segment of Backstage Pass, recorded on Nov. 12, Fool contributors Toby Bordelon and Jon Quast respond to a member's question about the terms of the upcoming deal. Toby Bordelon: Another quick question, [from] "Tax Guy": What are my thoughts on Lemonade's deal being in stock rather than cash?
Lemonade's (NYSE: LMND) recent announcement that it was offering auto insurance in Illinois garnered plenty of attention from existing and potential investors. In this segment of Backstage Pass, recorded on Nov. 3, Fool contributors Trevor Jennewine and Brian Withers explain. Yes, Lemonade Car did launch in Illinois, and the company also said that it's going to expand sales into other states in the near future.
Shares of popular insurance technology company Lemonade (NYSE: LMND) fell 20% in November, according to data provided by S&P Global Market Intelligence. Lemonade launched its long-anticipated auto insurance product, Lemonade Car, and announced its acquisition of auto insurance company Metromile (NASDAQ: MILE). Lemonade has been releasing new products in its quest to become a one-stop insurance shop for its young customers and grow with them as they go through lifecycle events.