Shai Wininger
- Lemonade’s CFO Endorsed the Stock—Since Then, It’s Plunged 20%
At the end of last year, the digital insurance company held a highly publicized investor conference filled with slogans, promises, and explanations about the company’s future. But instead of the stock climbing, it has only dropped since then, raising the question: Why do executives keep making statements that impact stock prices in the short term?