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Lyft's Stock Price Is Crashing, but It's Not a Buying Opportunity

(NASDAQ: LYFT) is cutting costs and making moves to improve profitability as it trails behind bigger rival Uber. contributor and finance professor Parkev Tatevosian discusses why Lyft's stock price crash is not a buying opportunity.

*Stock prices used were the afternoon prices of May 5, 2023. The video was published on May 7, 2023.

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LYFT Inc Stock

Heavy losses for LYFT Inc today as the stock fell by -€0.331 (-3.420%).
With 0 Sell predictions and 1 Buy predictions the community sentiment towards the LYFT Inc stock is not clear.
Based on the current price of 9.34 € the target price of 19 € shows a potential of 103.36% for LYFT Inc which would more than double the current price.
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