Lemonade Inc. (LMND) Social Stream

Featured Post From StockTwits About LMND

$LMND car insurance official launch (estimated in very near term) opens up $300B opportunity for cross-sell to existing 1.2M customers, and serves as a strong near-term catalyst for the stock since all previous offerings' launches (i.e., pet insurance and life insurance) resulted in the stock's trend to the upside shortly thereafter for several days. Their CAC will be low as customers will want to bundle auto with their existing rental insurance from lemonade, as is the case with millenial consumer behavior. I believe gross profit will increase significantly as a result in the near term. One to watch, if the stock breaks through $76 seems like it could see a major rally back into the mid 80s over several days in anticipation for the auto launch or, potentially, the auto launch occurring sooner rather than later will serve as the catalyst for the stock to move from a higher base of resistance back towards the 110 range moving into q3 earnings.

This is not financial advice. Cheers!