hovertemplate does not show value

When using the %{text} placeholder, it sometimes gets displayed instead of the actual value of text. The following code produces a plot where, when I hover over the middle point, gives me this hover text:

Price: $6.84
X: 3
%{text}

Other points display correctly, eg.

Price: $2.03
X: 1
 Text A

The code I use is a slightly modified example:

tibble::tibble(
  x = c(1,2,3,4,5),
  y = c(2.02825,1.63728,6.83839,4.8485,4.73463),
  color = factor(c(1, 1, 2, 3, 3))) %>%
  plot_ly() %>% 
  add_trace(
    type = 'scatter', mode = 'lines+markers',
    x = ~x, y = ~y, color = ~color,
    text = c("Text A", "Text B", "Text C", "Text D", "Text E"),
    hovertemplate = paste('<i>Price</i>: $%{y:.2f}',
                          '<br><b>X</b>: %{x}<br>',
                          '<b>%{text}</b>'),
    showlegend = FALSE)

You can donwload the resulting html here (in case it renders differently for you for some reason). Note that when color is not used, this does not happen and all the points display correct hover text.

R version 3.6.3 (2020-02-29)
plotly 4.9.2.1

Start by running the supplied plot_ly() and add_trace() example with the listed R and plotly versions, then compare the colored and uncolored traces. Confirm whether the middle point still renders %{text} instead of Text C, and use that comparison to trace the hovertemplate handling. No source file or test is named, so done means the reproducer shows the actual text for every point.