Tuesday, July 7, 2020

Lyft’s Recovery Looks Overheated – The Wall Street Journal

Lyft is cruising into what could very well end up a long, dry summer.

Shares of the ride-hailing company have more than doubled from their March lows on investors’ confidence in a rapid recovery of the U.S. ride-share market as states open back up. But based on some data shared by rival Uber Technologies on Monday, that could be overly optimistic.

In…

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