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Why Has Lemonade Stock Been So Volatile?

TheMotleyFool

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Why Has Lemonade Stock Been So Volatile?Photo, wide shot, wide-angle lens, soft focus, Risk management company, Midday, harsh overhead sunlight, directional sunlightt, photo by Thomas Heaton: https://oaidalleapiprodscus.blob.core.windows.net/private/org-IbuNdCATsFaPOITjFOv2kJh3/user-AXaxqjBUW45D8BadJEo9mUpW/img-vkrXsXVXnZepYEkiT4BvjtCA.png?st=2023-05-14T13%3A27%3A43Z&se=2023-05-14T15%3A27%3A43Z&sp=r&sv=2021-08-06&sr=b&rscd=inline&rsct=image/png&skoid=6aaadede-4fb3-4698-a8f6-684d7786b067&sktid=a48cca56-e6da-484e-a814-9c849652bcb3&skt=2023-05-14T00%3A09%3A01Z&ske=2023-05-15T00%3A09%3A01Z&sks=b&skv=2021-08-06&sig=y1VhH4rrtYGKSVOHO3rBwhpmvE42GCwp7%2BKdLaLI7kA%3D

Insurance technology company Lemonade (NYSE: LMND) exploded after its initial public offering in July 2020. The stock has stumbled significantly since, but does that performance mean the investment thesis has changed?

In this video from "The 5" on Motley Fool Live, recorded on Sept. 23, Fool.com contributor Brian Withers discusses why this stock has been on such a wild ride, and whether or not he thinks it's still worth holding onto.

Source Fool.com

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