Is Lemonade Stock a Millionaire Maker?

The stock is down more than 80% from its high, but has almost doubled in the past month.Insurance is an age-old industry that can be a double-edged sword. On the one hand, long-established incumbents dominate it, making it hard for new competitors to gain footing. But on the other hand, these incumbents can grow stale, inviting a disruptor to come along and make waves.Up-and-coming insurance company Lemonade (LMND 5.01%) is trying to disrupt insurance by putting its spin on the industry. It's a small compan ...