In this video, Motley Fool contributor Jason Hall breaks down some of the catalysts sending Lemonade (LMND 0.80%) stock rocketing higher.
*Stock prices used were from the afternoon of Nov. 21, 2024. The video was published on Nov. 21, 2024.
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A huge growth plan and positive analyst reception has the stock moving up big.
Jason Hall has positions in Lemonade and has the following options: short November 2024 $39 calls on Lemonade. The Motley Fool has positions in and recommends Lemonade. The Motley Fool has a disclosure policy.Jason Hall is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
Stocks Mentioned
Lemonade
LMND
$26.32
(0.80%)
$0.21
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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