Lyft (LYFT) finally gave something to its investors: constant growth along with increasing profitability. Lyft reported another better-than-expected quarter, pushing the number of active riders above 30 million for the first time and setting a record of gross bookings at $5.5 billion.
These numbers allowed LYFT stock to reach its peak in the last six months, although still being over 30% below the 52-week high. However, the improving fundamentals of Lyft do not settle the largest debate about the stock. The ***** ysts are divided over the question of autonomous vehicles (AVs), with one group considering Lyft's partner strategy as an advantage and the other believing that Lyft's smaller size makes it more vulnerable than Uber Technologies (UBER).
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These numbers allowed LYFT stock to reach its peak in the last six months, although still being over 30% below the 52-week high. However, the improving fundamentals of Lyft do not settle the largest debate about the stock. The ***** ysts are divided over the question of autonomous vehicles (AVs), with one group considering Lyft's partner strategy as an advantage and the other believing that Lyft's smaller size makes it more vulnerable than Uber Technologies (UBER).
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Shaq Says His Dad Treated Him to White Castle, But When He Saw Homeless Man With a Sign, He Gave 3 of His Burgers to the Guy — 'Always Look Out for the Little Man'
#however #don 't
10 days ago
