Lyft Stock Gap and Craps on Bold 2027 Guidance at Investor Day
Lyft(LYFT) MarketBeat·2024-06-10 23:30
Lyft TodayLYFTLyft$15.27 -0.33 (-2.12%) 52-Week Range$8.85▼$20.82Price Target$18.04Add to WatchlistRideshare operator Lyft Inc. NASDAQ: LYFT made bold 2027 growth projections for its Investor Day, which caused shares to gap up to $17.29 initially but failed to sustain the move. The number two rideshare provider in the country is trying to close the gap with its number one competitor, Uber Technologies Inc. NYSE: UBER. Both computer and technology sector companies have turned profitable on an adjusted basis. ...