Uber and Lyft are smoking the market this year after debuting as broken IPOs in 2019. Sentiment is changing, and investors can profit from the shift.
News & Analysis: Lyft
A few simple lessons can lead to extraordinary investing returns.
Investors are in "show me" mode as they wait for evidence of improving profitability.
The ridesharing stocks may be down, but they still aren't cheap.
The No. 2 ridesharing platform in the U.S. just had its slowest user growth in years.
The ridesharing company has had a rough first year on the market.
The leading ridesharing service has shed a third of its value since going public in May.
Lyft CEO Logan Green acknowledged that ridesharing companies take cues from each other.
The ride-share company continues to grow, but it's losing a lot of money.
These ridesharing apps have experienced some turmoil following an IPO. Growth companies without profits are difficult to analyze on a fundamental basis, but there are still ways to place the prices in context.