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Lemonade is a next-gen P&C insurance carrier who aims to “harness technology and social impact to be the world’s most loved insurance company.” For those who haven’t heard of the Insur-Tech company, Lemonade IPO’d on July 2 at a target share price of $29. Its share price has been on a wild ride since then and is currently priced at ~$68. Here is a graph to demonstrate the stock price volatility since IPO.