Lemonade, Inc. (LMND) shares fell 9.76 percent, losing $5.66 to $52.40 on Wednesday despite the company announcing the expansion of its Autonomous Car insurance product to Indiana.
The stock is currently trading at $52.40, compared with its previous close of $58.06 on the New York Stock Exchange. During the session, it opened at $56.80 and traded between $51.93 and $56.87. Trading volume reached 919,173 shares, below its average volume of 1.76 million shares.
The technology-driven insurance company said the offering provides Tesla owners with a 50% discount on miles driven using Tesla's Full Self-Driving Supervised technology. Management stated that the product leverages driving data and intelligent pricing models to pass savings on to customers using autonomous driving features.
Lemonade shares have traded between $34.10 and $99.90 over the past 52 weeks.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.