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Is Lyft On the Road to Success or Speed Bumps Ahead?

Feb 10, 2022  |  By: James Blakeway, tastytrade. At $44 per share, Lyft, Inc. (LYFT) is a far cry from its summer 2019 debut high of $88.60. However, things may be turning around for LYFT shareholders. By the end of 2019, LYFT seemed to be shrugging off the post-IPO lows, pushing back above $50 by February of 2020. Naturally, the pandemic took its toll on LYFT, slumping the stock to a low of $14.56 by mid-March. Fast forward to 2021 and LYFT found a high price back above $68 before a r

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