This Stock Is Up 78% in Just 3 Months. Here's Why It Could Go Even Higher.
Lemonade(LMND) The Motley Fool·2025-01-31 18:47
It wasn't too long ago when insurance disruptor Lemonade (LMND 1.35%) was essentially left for dead by investors. After peaking in early 2021, at one point Lemonade fell by 94% from its all-time high as profitability concerns weighed on the stock.Fast-forward a few years, and Lemonade is finally starting to show serious signs of life. The stock has gained nearly 80% in the past three months, and it's fair to say that investors are becoming more optimistic about the insurance disruptor's future. Here's a run ...