Lemonade (LMND) Soars 15.8%: Is Further Upside Left in the Stock?

Lemonade (LMND) shares soared 15.8% in the last trading session to close at $66.87. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 9.4% loss over the past four weeks.Lemonade has broadened its business beyond renters and homeowners insurance by expanding into auto insurance through the Metromile acquisition, as well as pet and life coverage. This diversification strengthens its revenue base and reduces dependence on any single p ...