|Bid||0.00 x N/A|
|Ask||0.00 x N/A|
|Day's Range||46.14 - 46.14|
|52 Week Range||44.09 - 143.00|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
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The stock market has been performing amazingly well in 2021. Two of the biggest names that got crushed in 2021 were Pinterest (NYSE: PINS) and Lemonade (NYSE: LMND) -- falling 52% and 72% off their highs, respectively. Shares of the social media company have gotten hammered in 2021, slowly falling from the highs they hit in the first few months of the year.
The stock market continued to be under pressure on Tuesday, and that's especially true when it comes to tech-focused and high-growth stocks, with the tech-heavy Nasdaq the worst performer of the three major indices by far. Insurance technology company Lemonade (NYSE: LMND) is a particularly poor performer. As of 1:30 p.m. ET, Lemonade shares were down by 6% to a new 52-week low and are now nearly 75% below their 2021 high.
In this video, I will revisit some of the reasons I am invested in Lemonade (NYSE: LMND). The company recently hired a new chief claims officer who worked for 27 years for a legacy insurance company. The company hired a new chief claims officer who worked for 27 years at USAA.