Why Lyft Stock Fell 20% in February
Shares of Lyft (NASDAQ: LYFT) underperformed a historically weak market last month as the stock dropped 20%, compared with an 8% decline in the S&P 500, according to data provided by S&P Global Market Intelligence.
The decline added to a tough run for the young ride-hailing company, whose shares are down over 50% since the initial public offering last year.
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Source Fool.com
