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Why Lemonade Stock Fell 13% Today


Shares of Lemonade (NYSE: LMND) soared in after-hours trading last night, goosed by a strong earnings report.

But the gain didn't last long. Lemonade's stock took a dive when the market opened on Wednesday. As of 2:20 p.m. ET, I'm looking at a 13% price drop.

Image source: Getty Images.

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Source Fool.com

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