How Do You Invest in Lyft Stock? Let Me Count The Ways
Uber is imploding. Is it time to invest in Lyft instead?
The past year has been non-stop bad news for Uber, the $70 billion tech "unicorn" company of the ride-sharing market. From allegations of sexual harassment within the company to an exodus of C-level talent from the company to legal battles with Alphabet subsidiary Waymo, labor disputes, and a complete and utter lack of profits, Uber has done an exceptional job of totaling itself and opening up a lane for Lyft to drive right by.
Investors may now be tempted to leave Uber stock by the curb, and buy into its archrival Lyft instead. But how exactly does one make an investment in Lyft stock? After all, both Uber and Lyft are private businesses, so technically it should be impossible to buy Lyft shares -- right?
Source: Fool.com
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