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Lemonade Crashes As Customer Growth Miss Spooks Wall Street

Lemonade Crashes As Customer Growth Miss Spooks Wall Street Lemonade shares crashed early in the US cash session after the technology-focused insurer reported fewer second-quarter customers than Wall Street expected and announced a transition of its chief financial officer. The company, which provides renters, homeowners, auto, pet and life insurance in the US and parts of Europe, plunged 18%, marking its steepest intraday decline since July 31, 2024. The shares are down 30% this year, rapidly reversing a rally that catapulted the stock from about $20 in late 2024 to nearly triple...
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Jul 13, 2026 / Dave DeCamp
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