Is Lemonade Stock a Buy Before Oct. 31?

Lemonade (NYSE: LMND) has disappointed investors in a big way over its four years of being a public company. It's down 73% since its first-day closing price, failing to meet expectations for profitability. However, if you'd bought at the right time, you would already have benefited from owning it -- it's up 67% over the past year.There are all sorts of factors that impact how the stock moves in the short term, and one of the major ones is earnings. Lemonade is releasing third-quarter earnings on Thursday, Oct. 31. Depending on the results, Lemonade could move up or down, and it could be significant. Should you buy before the earnings release?Lemonade operates an insurance company built on a digital substrate and informed by artificial intelligence (AI) and machine learning. That's a mouthful, and it really just means that the company is leveraging AI technology to do insurance in a better way.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool