Press "Enter" to skip to content

Short Seller Andrew Left Goes Sour On Lemonade, Says Company Lies To Shareholders

Andrew Left

Citron Research’s Andrew Left criticized insurance company Lemonade Inc (NYSE: LMND) on Friday, saying its stock multiple is based on empty marketing tactics.

The Lemonade Bear Case: In a Twitter live video, Left dismissed Lemonade Inc's claims of bringing new technology to the insurance industry, saying the company's technology is no different from insurers like Progressive Corp. (NYSE: PGR) or State Farm.

"They've been lying to their customers and their shareholders," said the noted short …

Full story available on

This post was originally published on this site

Be First to Comment

Leave a Reply

Your email address will not be published. Required fields are marked *