Lemonade (LMND) IPO indicated to open at $48-$50 after pricing at $29

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Lemonade, Inc. (LMND) Prices 11M Share Common Offering at $29/Sh

July 2, 2020 6:01 AM EDT

Lemonade, Inc. (NYSE: LMND) today announced the pricing of its initial public offering of 11,000,000 shares of its common stock at a price of $29.00 per share. Lemonade has granted the underwriters a 30-day option to purchase up to an additional 1,650,000 shares of its common... More