It's handling this choppy reopening (i.e. driver shortage) better than Uber. On Friday, a California court just struck down the appeal which states that drivers are freelancers (they are employees, says the judge), so the cost of rides in CA will soar. Despite that, Lyft rebounded today 3% though down more than 15% so far this year. He thinks the stock has bottomed.
Lyft is a American stock, trading under the symbol LYFT-Q on the NASDAQ (LYFT). It is usually referred to as NASDAQ:LYFT or LYFT-Q
In the last year, 3 stock analysts published opinions about LYFT-Q. 1 analyst recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Lyft.
Lyft was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Lyft.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
3 stock analysts on Stockchase covered Lyft In the last year. It is a trending stock that is worth watching.
On 2023-03-24, Lyft (LYFT-Q) stock closed at a price of $9.92.