Lemonade's New Self-Driving Insurance Product Drives 16% Stock Surge

Lemonade's stock surged 16% amid the launch of its new insurance product for self-driving vehicles. The company operates in the insurance industry with a focus on digital and AI-driven platforms, boasting a market cap exceeding $2 billion. In contrast, Old Republic International experienced a 12% stock decline due to disappointing fourth-quarter 2025 earnings. Lemonade's financial performance is characterized by robust revenue growth, but faces challenges in profitability. Valuation metrics indicate a speculative growth profile, with a P/S ratio of 10.42 and a P/B ratio of 13.49.