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Lyft Inc LYFT

Lyft, Inc. is a multimodal transportation network in the United States and Canada that offer access to a variety of transportation options through its platform and mobile-based applications. The Lyft Platform provides a marketplace where drivers can be matched with riders via the Lyft App, where it operates as a transportation network company. Transportation options through its platform and mobile-based applications are substantially comprised of its ridesharing marketplace that connects drivers and riders in cities across the United States and in select cities in Canada, its network of bikes and scooters, and the Express Drive program, where drivers can enter into short-term rental agreements with its subsidiary, Flexdrive Services, LLC or a third party for vehicles that may be used to provide ridesharing services on the Lyft Platform. It makes the ridesharing marketplace available to organizations through Lyft Business offerings, such as the Concierge and Lyft Pass programs.


NDAQ:LYFT - Post by User

Post by greendazeon May 09, 2021 1:30pm
76 Views
Post# 33162080

New target price

New target price $68.82 but that's not the kicker .. the institutional ownership has jumped dramatically to 82.14% . That tells us all , that this latest pullback was a buying opportunity . And , the big winner is ....institutions. 
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