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MarketBeat
MarketBeat
Business
Ryan Hasson

Is Lemonade Stock Set for a Big Squeeze After Earnings?

AI-powered insurance company Lemonade Inc. (NYSE: LMND) has quietly put together an impressive year, with the stock surging more than 60% year-to-date.

As it nears its upcoming earnings report, the stock is also forming what appears to be a bullish consolidation pattern, closing Thursday just 5.8% below its 52-week high. 

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