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Why Lyft Stock Lost 12% in April

TheMotleyFool

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Lyft (NASDAQ: LYFT) shareholders trailed a booming rally last month. Their stock dropped 12% in April compared to a 5.2% spike in the S&P 500, according to data provided by S&P Global Market Intelligence.

The decline erased only a small part of recent gains for the stock, though, which have more than doubled in the past 12 months.

Image source: Getty Images.

Source Fool.com

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