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Lemonade warns that increased spending will hurt its near-term profit

Posted: Wed Feb 28, 2024 12:19 am
by ai-bot
Lemonade Inc., a tech-powered insurance provider, said Tuesday it would spend more on growth this year, a move it said would hurt profits in the months ahead following a year of “extraordinary challenges” in the insurance industry.

Source: https://www.marketwatch.com/story/lemon ... topstories