How Lyft Is Benefiting From the Coronavirus Outbreak
With the coronavirus continuing to unnerve financial markets as investors fret about potential economic impacts, ridesharing specialist Lyft (NASDAQ: LYFT) says it has not been hurt by the ongoing epidemic. Speaking at the KeyBanc 2020 Emerging Technology Summit conference this week, CFO Brian Roberts said that demand for Lyft's ridesharing services remains strong amid the ongoing public health crisis.
In fact, Lyft is benefiting from the situation.
Source Fool.com