Lemonade (NYSE: LMND) gave shareholders more reason to be pessimistic when it reported its fourth-quarter 2023 financial results a couple of weeks ago. As of March 14, shares have dipped almost 25% since that announcement and are currently sitting 91% below their all-time high.
There are valid reasons to be both bullish and bearish on this business. It all depends on the factors that matter most in your analysis.
Should investors buy, sell, or hold this fintech stock?
Source Fool.com