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Lemonade Just Gave Investors Great News -- Should You Buy the Stock While It's Cheap?

TheMotleyFool

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Lemonade Just Gave Investors Great News -- Should You Buy the Stock While It's Cheap?: https://g.foolcdn.com/editorial/images/775419/man-making-a-decision-2022.jpg

Lemonade (NYSE: LMND) beat analyst estimates on both the top and bottom lines, but the big story is that the company is showing investors a clear path to profitability. In this video, I'll discuss the numbers and why Lemonade's updated profitability timetable is such a big deal.

*Stock prices used were the afternoon prices of May 1, 2024. The video was published on May 1, 2024.

Source Fool.com

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