Here's Why Lemonade Stock Is Falling on Tuesday

The stock market was under serious pressure on Tuesday morning, with all three major averages in the red at 11:30 a.m. ET. And insurance technology company Lemonade (NYSE: LMND) was underperforming, with shares down by more than 4%, despite trading higher earlier in the day.

There isn't any company-specific news driving today's move. Rather, it appears to be fueled by general market weakness and interest rate fears.

Image source: Getty Images.

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Source Fool.com