Why Lemonade Stock Is Dropping Now
December 29, 2020 at 13:25 PM EST
The biggest FinTech IPO of 2020 lost around 20% of its share price on Monday (Dec. 28). Lemonade Inc. (NASDAQ: LMND) fell in preparation for the post-IPO lockup period is set to end... today. Brace yourself. It's going to fall further. If you were thinking of buying some Lemonade shares, this is not necessarily a bad thing. In fact, it can work out for you pretty well down the road - you just have to play it right. Read more... Tags: Stocks to Buy The post Why Lemonade Stock Is Dropping Now appeared first on Money Morning - We Make Investing Profitable .