Where Will Lyft Stock Be in 5 Years?
Lyft(LYFT) The Motley Fool·2024-09-07 15:00
The road to profitable growth could make this rideshare giant a big winner. It's been a bit over five years since Lyft (LYFT -1.69%) had its initial public offering. Unfortunately, the stock has disappointed investors, trending lower over the last several years. The rideshare giant hasn't quite been able to live up to high-growth expectations, falling behind competitors in a volatile macroeconomic environment. That being said, there are several reasons to believe this bumpy ride could still steer toward a m ...