After losing around three-quarters of its market value last year, Lyft‘s shares are up almost 47% this month. A close look at the ride-hailer’s fundamentals suggest that kind of rebound hasn’t yet been earned.
By Rahul
Jan 29, 2023
Auto Insurance, global recession, Headed, Lyft, Lyft market value, Lyft’s share, Lyft’s stock, recession, ride-hailer, Uber Technologies
After losing around three-quarters of its market value last year, Lyft‘s shares are up almost 47% this month. A close look at the ride-hailer’s fundamentals suggest that kind of rebound hasn’t yet been earned.
Justin