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Why Lyft Stock Plunged Today

TheMotleyFool

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Why Lyft Stock Plunged Today: https://g.foolcdn.com/editorial/images/786387/ride-share-uber-lyft-friends-laugh-passenger-rideshare.jpg

Shares of Lyft (NASDAQ: LYFT) were taking a dive today after the No. 2 ride-sharing company posted disappointing results in its second-quarter earnings report last night.

As a result, the stock closed the day down 17.2%.

Image source: Getty Images.

Source Fool.com

LYFT Inc Stock

A very strong showing by LYFT Inc today, with an increase of €0.58 (5.910%) compared to yesterday's price.
We see a rather positive sentiment for LYFT Inc with 15 Buy predictions and 1 Sell predictions.
With a target price of 20 € there is a hugely positive potential of 96.73% for LYFT Inc compared to the current price of 10.17 €.

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