Lemonade is a holding company. Through its subsidiaries, Co. operates its own insurance carriers in both the U.S. and Europe, built on top of a technology platform. Co.'s technologies include: AI Maya, which is Co.'s onboarding and customer experience bot, uses natural language to guide customers through a process of joining Co.; AI Jim , which is Co.'s claims bot; CX.AI, which is Co.'s bot platform built to understand and resolve customer requests without human intervention; Forensic Graph, which utilizes the combined power of behavioral economics, big data, and artificial intelligence; Blender, which is an insurance management platform; and Cooper, which handles repetitive tasks. We show 15 historical shares outstanding datapoints in our LMND shares outstanding history coverage, used to compute LMND market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing LMND market cap history over the course of time is important for investors
interested in comparing LMND's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of LMND versus a peer is one thing; comparing
LMND market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like LMND can fluctuate over the course of history.
With this page we aim to empower investors researching LMND by allowing them to research the LMND market cap history. |
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Video: The Importance of Market Cap
