🟢 Lemonade is trading 10% up today as shares rebound from a guidance-driven earnings selloff

Lemonade is trading 10% up now at $53.22 as shares rebound from last week’s sharp, guidance-driven earnings selloff.

• Investors are reassessing the July 29 earnings report, which featured robust 79% revenue growth despite an initial 22.7% post-report drop.
• The previous selloff was triggered by soft In-Force Premium (IFP) guidance and news of a CFO transition, which the market is now digesting alongside broader market gains.
• The recovery comes as the stock stabilizes following the volatility surrounding its recent financial outlook.