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Read This Before Buying Lyft Stock


(NASDAQ: LYFT) is a ride-sharing platform that competes with . Anyone can choose to join the platform as a driver using their own vehicle. As people need rides, they log in to the Lyft app and arrange to be picked up.

Lyft had its initial public offering (IPO) in 2019, allowing investors to purchase shares -- ownership stakes -- in the company. But for those who want to own a small stake in this company, there are some important things to understand first.

Image source: Getty Images.

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Source Fool.com

LYFT Inc Stock

€16.32
-0.210%
The price for the LYFT Inc stock decreased slightly today. Compared to yesterday there is a change of -€0.034 (-0.210%).
With 28 Buy predictions and 3 Sell predictions LYFT Inc is one of the favorites of our community.
As a result the target price of 19 € shows a slightly positive potential of 16.45% compared to the current price of 16.32 € for LYFT Inc.
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