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The latest sign of a stock market bubble: Small companies claiming to disrupt large industries

July 6, 2020

The stock market is complex. Many investors are having difficulty making buying and selling decisions lately.

We can gain an insight by reviewing mobile-based insurance startup Lemonade LMND, 29.86%, which is the best IPO of 2020. It went public last week.

Let’s first build the foundation for this topic with the help of a chart.

Chart

Please click here for an annotated chart of the Dow Jones Industrial Average ETF DIA, 1.29%, which tracks the Dow Jones Industrial Average DJIA, 1.31%.

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