Article By:
Mark Vickery
Tuesday, May 7, 2024 11:40 PM EDT
Tuesday's market saw little movement overall. The Dow and S&P 500 extended their winning streaks, while the Nasdaq dipped slightly. The Russell 2000 outperformed, ending higher.
UBER Is Superior To LYFT On Every Metric
Maybe so, but Lyft's stock price is about 1/5 the price of Uber's. At that differential, I can buy a heck of a lot more shares of $LYFT than $UBER!
Uber, Lyft Revenues Drop By Staggering 50% Due To Coronavirus Outbreak
Considering that many companies are now at 0%, this is actually surprisingly good news for $UBER and $LYFT. Plus that 50% decrease does not include the additional 50% increase in Uber’s food delivery segment.
Lyft Grows Ridership, Beats Revenue Estimate In Q4, But Stock Drops
Seems like a good time to buy $LYFT to me.
Can The Lyft Stock Lift Itself Up After IPO Fumble?
Great explanation on the $LYFT mess. Hopefully it will be a lesson to other companies to not be too greedy.