Sage Investment Club

Can Lyft Stock Lift Itself Out Of Its Meltdown?

The ridesharing company’s stock is taking a major hit, and the headwinds might not dissipate soon. Why did Lyft, Inc. (Nasdaq: LYFT) stock take a 33% dip? Source: Thought Catalog What Happened? Lyft stock dropped by 30% on Wednesday, after the company announced that its profitability may take a dent as it increases incentives to […]