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Why Lyft Stock Plunged Today

TheMotleyFool 
0 0 07.08.24
Why Lyft Stock Plunged TodayPhoto, wide shot, wide-angle lens, soft focus, IT consulting firm, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by Sebastião Salgado: https://oaidalleapiprodscus.blob.core.windows.net/private/org-IbuNdCATsFaPOITjFOv2kJh3/user-AXaxqjBUW45D8BadJEo9mUpW/img-uhXP0RHYYxDepjmHeSp1K8bF.png?st=2023-05-07T15%3A26%3A44Z&se=2023-05-07T17%3A26%3A44Z&sp=r&sv=2021-08-06&sr=b&rscd=inline&rsct=image/png&skoid=6aaadede-4fb3-4698-a8f6-684d7786b067&sktid=a48cca56-e6da-484e-a814-9c849652bcb3&skt=2023-05-07T16%3A18%3A55Z&ske=2023-05-08T16%3A18%3A55Z&sks=b&skv=2021-08-06&sig=4pcJOd8aEI1799liUV13F4ElqO7e4RZy8sa1PEeeNZA%3D
 

Shares of Lyft (NASDAQ: LYFT) were taking a dive today after the No. 2 ride-sharing company posted disappointing results in its second-quarter earnings report last night.

As a result, the stock closed the day down 17.2%.

Image source: Getty Images.

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Source Fool.com

LYFT Inc Stock

€14.70
3.890%
A very strong showing by LYFT Inc today, with an increase of €0.55 (3.890%) compared to yesterday's price.
The stock is one of the favorites of our community with 27 Buy predictions and 3 Sell predictions.
With a target price of 21 € there is a positive potential of 42.86% for LYFT Inc compared to the current price of 14.7 €.
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