RTTNews | Jun 23, 2021 01:54PM EDT

13:54 Wednesday, June 23, 2021 (RTTNews.com) - Lemonade, Inc (LMND) shares are up 5% in the Street despite no news from the company to cause the hype.

The New York-based finserv company saw its shares drop on the previous day but has picked up on Wednesday. Since its listing on July 2, 2020, the company peaked in the early months of 2021.

Currently, the shares are trading hands at $107.76, up $5.87 from 5.76% the previous close at $101.89. The shares opened at $101.90 on Wednesday and in the 52-week period, ranged between $44.11 and $188.30.

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