Lyft Says It Will Be Profitable in 2 Years. Is This a Turning Point?

Lyft (NASDAQ: LYFT) has some big news.

The ridesharing company is on its way to profitability, and it's going to get there faster than analysts thought. That bold claim from Lyft co-Founder and CEO Logan Green at the WSJ Tech conference sent Lyft shares higher earlier this week.

Image source: Lyft.

Continue reading

Source Fool.com