Why Is Lemonade Stock Soaring Today?
The stock market was having a strong day on Thursday. With about an hour left to go until the market's close, all three major indexes were in positive territory and the tech-heavy Nasdaq Composite was up about 2.5% for the day.
Insurance technology company Lemonade (NYSE: LMND) was a big outperformer. As of 3 p.m. EST, shares were higher by more than 14%.
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Source Fool.com