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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. Fool.com 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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Source Fool.com

LYFT Inc Stock

€11.51
1.390%
There is an upward development for LYFT Inc compared to yesterday, with an increase of €0.16 (1.390%).
With 14 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
As a result the target price of 20 € shows a very positive potential of 73.82% compared to the current price of 11.51 € for LYFT Inc.
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