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Down 60%, Is Lemonade Stock a Buy Now?

Continued losses will keep the stock from going up.

By Neil Rozenbaum – Nov 9, 2022 at 9:30AM EST

In this video, I will go over Lemonade's (LMND +1.14%) third-quarter earnings, which surprised on the upside yet again. But that wasn't enough to keep the stock from going down. 

For the full insights, watch the video, consider subscribing, and click the special offer link below.

*Stock prices used were the closing prices of Nov. 8, 2022. The video was published on Nov. 9, 2022.

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Neil Rozenbaum has positions in Lemonade, Inc. The Motley Fool has positions in and recommends Lemonade, Inc. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

Stocks Mentioned

Lemonade Stock Quote
Lemonade
NYSE: LMND
$56.64
(+1.14%)+$0.64

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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