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Lemonade Files for Initial Public Offering

By
Kate Clark
· · Source: The Information

Homeowners and renters insurance business Lemonade has filed paperwork for an initial public offering and plans to list its shares on the New York Stock Exchange under the ticker symbol LMND. The $2.1 billion company’s debut will be amongst the largest since the coronavirus outbreak upended the U.S. IPO market. Founded in 2015, the New York-based company has raised about $480 million in...

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