LYFT Gains 13% Since Posting Q3 Earnings: How Should You Play It?
Lyft(LYFT) ZACKS·2024-11-23 02:45
Earlier this month, San Francisco-based ride-hailing company Lyft (LYFT) reported strong third-quarter 2024 results. Since the announcement on Nov. 6 before the opening bell, shares of the company have rallied 13.1% to $16.29, reflecting investor optimism about its improved outlook for 2024.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Does the improving ride-sharing market and LYFT’s operational effectiveness present a buying opportunity? Or should investors wait for a better ent ...