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Lemonade Resolves Data Exposure Issue in April 2025

Story Highlights

Confident Investing Starts Here:

Lemonade ( (LMND) ) has issued an announcement.

On April 4, 2025, Lemonade, Inc. terminated its Warrant Agreement and Omnibus Agreement with Chewy Insurance Services, LLC, while maintaining their agency agreement. Additionally, Lemonade identified a technical issue in its car insurance quote flow that exposed certain data, including unencrypted driver’s license numbers of approximately 190,000 individuals. The company resolved the vulnerability, determined the incident was not material, and plans to notify regulators.

Spark’s Take on LMND Stock

According to Spark, TipRanks’ AI Analyst, LMND is a Neutral.

Lemonade’s stock score reflects strong revenue growth and positive earnings call sentiment, but is tempered by ongoing profitability challenges, cash flow issues, and valuation concerns. While technical indicators are neutral, the company’s strategic focus on growth and operational efficiencies could drive future improvements.

To see Spark’s full report on LMND stock, click here.

More about Lemonade

Lemonade, Inc. operates in the insurance industry, offering products such as renters, homeowners, pet, and car insurance, with a focus on leveraging technology to provide efficient and user-friendly services.

YTD Price Performance: -30.97%

Average Trading Volume: 2,245,617

Technical Sentiment Signal: Strong Buy

Current Market Cap: $2.05B

For an in-depth examination of LMND stock, go to TipRanks’ Stock Analysis page.

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