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Why Lemonade Stock Fell 4.5% Today
Shares of Lemonade (NYSE: LMND) declined 4.5% today as of market close, far more than the broader market indices dropped on the day. Lemonade stock is now down nearly 10% in the last week and has lost 64% of its value in 2021 with just days left to go until the new year. Lemonade has been a divisive stock, especially since surging in value at the start of 2021 only to quickly collapse.
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