Lyft Deserves A Lift
LYFTLyft(LYFT) Seeking Alpha·2024-09-12 21:42

The Good Brigade The last few months have been a very bumpy ride for shareholders of ridesharing company Lyft (NASDAQ:LYFT). Back in February of this year, I finally upgraded the stock from a 'hold' to a 'buy'. This came immediately after shares took a dive following the announcement by management of results covering the final quarter of the 2023 fiscal year. Unfortunately, since then, shares are down another 29.4% while the S&P 500 is up by 10.8%. As disappointing as this is, one of the great things about ...