Lemonade launches new personal auto product, stock soars 12%
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Lemonade launches new personal auto product, stock soars 12%

Lemonade logo driving car.jpg

Lemonade on Wednesday finally launched its personal car insurance product, Lemonade Car, six months after it announced its intentions to expand into the automotive sector.

News of the auto coverage was well received on Wall Street, as Lemonade stock shot up as much as 16% in early trading.

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