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Why Lemonade Stock Gained 38% in November


Shares of Lemonade (NYSE: LMND) were climbing last month after the "insurtech" company delivered a better-than-expected earnings report and got some positive notes from analysts. It was a volatile month as the chart below shows, but the recent IPO finished November up 38%, according to data from S&P Global Market Intelligence.

LMND Chart

LMND data by YCharts

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Source Fool.com

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