Reasons for the stock rise
Lyft's shares rose sharply on Tuesday after a 73 percent quarterly revenue increase. Lyft welcomed investors with news of the return of a director to the company's business and drivers. This allowed for continued growth du...
Revenue growth
Lyft continues to recover from the pandemic, posting quarterly revenue growth of 125% and pre-tax profits. Despite a new increase in illness and concerns about the Delta strain "July was Lyft's best month since March 2020".
Shares in...
Lyft's expectations by the end of 2021
Lyft (LYFT) shares, which had fallen 16.2 per cent since the beginning of the year but jumped 37.4 per cent over the last week, rose 5.8 per cent after closing trading on Tuesday amid investors' reaction to the...
Companies rating
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