Shares of Lemonade (LMND -26.17%) soured on Wednesday. The stock fell as much as 28.4% in the morning and stayed near this lower level throughout the day, showing extremely heavy trading volume. This harsh reaction to Lemonade's fourth-quarter earnings report wiped out a recent price spike as investors reset their expectations for Lemonade's near-term business prospects.Why investors soured on Lemonade's sweet reportThere wasn't anything wrong with the financials Lemonade reported yesterday. Lemonade's rev ...