Lyft Inc Cl A (LYFT)
$30.70 0.86 (2.88%)
19:59 EDT LYFT Stock Quote Delayed 30 Minutes
Previous Close $30.70
Market Cap -
PE Ratio -
Volume (Avg. Vol.) 6.06M
Day's Range 29.36 - 30.86
52-Week Range 14.56 - 68.33
Dividend & Yield N/A (N/A)
LYFT Stock Predictions, Articles, and Lyft Inc Cl A News
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By Alex Sirois
Lyft (NASDAQ:LYFT) stock is one of two names, along with Uber (NYSE:UBER), which dominate the ride-share sector. Pundits consider Lyft to be the ‘pure-play’ between....
The world is slowly but surely getting back to normal. As it does, consumer mobility will increase, and LYFT stock will rally.
Ride-sharing investments like Lyft stock immediately took a hit when the coronavirus first struck. Now, shares are moving higher as consumer sentiment returns but don’t get too eager before analyzing the pros and cons.
Uber and Lyft are already struggling to prove ridesharing can be a profitable business model. LYFT stock is a ridesharing pure play with no exposure to food delivery, making it a safer bet for long-term investors.
As the world and consumers return to "normal" over the next few months, LYFT stock will complete a round trip back to pre-Covid-19 levels.
LYFT stock has multiple, positive catalysts, including the reopening of economies and the increased popularity of air travel.
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