The share price drop to $113.39 by lunchtime on Tuesday had wiped more than $1bn off Lemonade’s market capitalization, which is now down to $6.8bn,
Lemonade share price plunges 14% after results
![lemonade-blurred-app-image-v2-1-febjpg_72802.jpg](https://assets.euromoneydigital.com/dims4/default/b0efaf1/2147483647/strip/true/crop/700x410+0+0/resize/840x492!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F11%2Ffa%2Fe640d62b4ba6930193b597b878d6%2Flemonade-blurred-app-image-v2-1-febjpg-72802.jpg)
The share price drop to $113.39 by lunchtime on Tuesday had wiped more than $1bn off Lemonade’s market capitalization, which is now down to $6.8bn,