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Why Lemonade Stock Exploded 35% Higher This Morning

When life gives you lemons, make lemonade.

By Neil Rozenbaum – Nov 2, 2023 at 11:08AM EST

In this video, I will go over Lemonade's (LMND +1.01%) third-quarter earnings, which surprised on the upside yet again and even gave us some promising comments on the future profitability of the business.

*Stock prices used were from the trading day of Nov. 2, 2023. The video was published on Nov. 2, 2023.

Read Next

Neil Rozenbaum has positions in Lemonade. The Motley Fool has positions in and recommends Lemonade. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Stocks Mentioned

Lemonade Stock Quote
Lemonade
NYSE: LMND
$55.00
(+1.01%)+$0.55

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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