Lemonade Inc. shares are down in late trading on Wednesday after the company released fourth-quarter results and said its gross loss ratio was 96 percent, up from 77 percent the previous quarter. Lemonade reported a fourth-quarter loss per share of $1.14 on revenue of $41 million after the bell. The company reported a loss per… Continue reading Lemonade Shares 16% Lower as Insurer Reports 4Q Results, Higher Loss Ratio
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