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Lyft skids another 52 weeks for a small investment



© Reuters.

Investing.com – Lyft began 52 weeks on Monday because of uncertainty about his valuation and continued to encourage shareholders to bet on the company, while Uber (NYSE :), the larger rival, decided to steal the trip – in front of his list in May.

When it comes to Lyft (NASDAQ :), investors seem to have adopted a "mantra" when in doubt about being left behind or selling. According to financial analyst S3 Partners, 75% of Lyft's free stake is short, Bloomberg reported. The uncertainty about the joint assessment of the company showed that its shares fell by 6.8% on Monday to a record $ 55.56.

In the new trading week, it is reported that New attracts thousands of electric bikes in York, Washington, and San Francisco, following complaints of stronger than expected front wheel brakes, so investors once again thought about stockholding.

Lyft is now over 20 percent. ] "We believe that Lyft shares may be under pressure, and investors are waiting for the Uber exhibition and will continue to deepen their financial metrics," Wedbush Securities wrote on Friday

. she warned that she could never turn a profit into a high degree of competition in the market as a risk factor, saying she might need to further lower her rates and offer greater incentives to both drivers and consumers, both of whom could squeeze. rgins. It also reported about EUR 201

8 million. Dollars $ 11.27 billion $ 2.2 billion in revenue compared to Lyft Dollars.

"And now, when Uber & # 39; s S-1 was released … we think investors still have little clarity about some of the key comparable metrics," Wedbush added.

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