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Is Lemonade Stock Cheap or Expensive?

TheMotleyFool

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Insurance technology company Lemonade (NYSE: LMND) is about 75% off its highs, but it still trades for a rather high multiple of its revenue -- or so it seems. In this Fool Live clip, recorded on Nov. 29, Lemonade's co-founder and co-CEO Daniel Schreiber discusses in an interview with Fool.com contributor Matt Frankel why there is more to Lemonade's valuation metrics than it may seem.

Source Fool.com

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