Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top

Lyft’s Revenues will be higher than Wall Street expects in 2 weeks.

Uber’s stock is up 115% in the last year thanks to it finally turning a profit. The same is happening to Lyft, but Lyft is down 20% in the last year. Lyft’s revenues are increasing and now that they have plenty of driver’s after struggling through the pandemic, they are starting to increase their margins between what they charge the customers and what they pay the drivers. Once this happens, it’s going to get a ton of attention from the media since they love talking about names that everyone knows. Lyft is selling at 1.14 price/sales, while Uber is selling at 3.75 price/sales.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
2
+0
Translate
Report
9839 Views
Comment
Sign in to post a comment
    12Followers
    10Following
    1850Visitors
    Follow