🔴 Lemonade is trading 19.8% down today after soft in-force premium guidance and mixed Q2 results

Lemonade is trading 19.8% down at $49.80 following its Q2 2026 earnings report and updated full-year guidance.

• The company reported $294.4 million in revenue, beating analyst estimates, but posted an EPS loss of ($0.56).
• Investors reacted negatively to softer-than-expected full-year in-force premium guidance, which overshadowed the quarterly sales beat.
• While growth stocks face broader pressure ahead of the Fed decision, the selloff appears primarily tied to the company's specific financial outlook.