Why Are Short Sellers Betting Against Lemonade (LMND) Despite Impressive Growth Metrics? [Yahoo! Finance]
Lemonade, Inc. (LMND)
Company Research
Source: Yahoo! Finance
The September Interest Rate Cut Analysts have been anticipating interest rate cuts for a while now, with bets on either a 25- or a 50-basis point reduction. Concerns about potential economic instability and the impact of these cuts on net interest income for banks added complexity to the market outlook. However, the situation was sorted when the Fed cut interest rates by 50 basis points on September 18 this week, marking its first easing of monetary policy since the pandemic began. This reduction was prompted by growing concerns about the labor market's health. Following this decision, the Fed's benchmark rate now stands at a range of 4.75% to 5.0%. The Fed's Summary of Economic Projections indicates that policymakers anticipate further cuts, with expectations of a half-point reduction by the end of this year, an additional full percentage point in 2025, and another half-point cut in 2026, ultimately targeting a range of 2.75% to 3.00%. Fed Chairman Jerome Powell stated that th
Show less
Read more
Impact Snapshot
Event Time:
LMND
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LMND alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LMND alerts
High impacting Lemonade, Inc. news events
Weekly update
A roundup of the hottest topics
LMND
News
- Lemonade, Inc. (LMND): A Bull Case Theory [Yahoo! Finance]Yahoo! Finance
- Lemonade, Inc. (NYSE: LMND) had its price target raised by analysts at JMP Securities from $40.00 to $60.00. They now have a "market outperform" rating on the stock.MarketBeat
- Lemonade, Inc. (NYSE: LMND) had its price target raised by analysts at BMO Capital Markets from $13.00 to $15.00. They now have an "underperform" rating on the stock.MarketBeat
- Lemonade, Inc. (NYSE: LMND) had its price target raised by analysts at Piper Sandler from $25.00 to $44.00. They now have a "neutral" rating on the stock.MarketBeat
- Lemonade, Inc. (NYSE: LMND) was upgraded by analysts at Morgan Stanley from an "underweight" rating to an "equal weight" rating. They now have a $42.00 price target on the stock, up previously from $23.00.MarketBeat
LMND
Earnings
- 10/30/24 - Beat
LMND
Sec Filings
- 12/20/24 - Form 4
- 12/18/24 - Form 4
- 12/17/24 - Form 4
- LMND's page on the SEC website