Lemonade Stock Turned 21% Sweeter Last Month. Here's How.

Shares of Lemonade (NYSE: LMND) rose 21.1% in March 2026, according to data from S&P Global Market Intelligence. The AI-powered insurance company bounced back from a brutal February sell-off, though the ride was anything but smooth. The path from $52 to $63 included a mid-month spike, a late-month stumble, and plenty of volatility in between. The stock is still down 12% for the year, but at least the bleeding has paused.The biggest single-day move came on March 17, when Lemonade shares jumped 15.8% on heavy volume. Analyst firm Morgan Stanley upgraded the stock to Buy and raised its price target from $80 to $85, citing Lemonade's new autonomous vehicle insurance product for self-driving Tesla (NASDAQ: TSLA) cars, and a partnership with an unnamed EV manufacturer.When a major bank says nice things about your AI strategy, people listen.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool