Shares of Lyft (NASDAQ: LYFT) were climbing again for the second month in a row in December as the ridesharing stock's recovery continued.

There was relatively little company-specific news out on Lyft last month, but a combination of bullish commentary from management, price hikes from Wall Street analysts, good news from the Federal Reserve, and tailwinds from rival Uber Technologies, which was added to the S 500 last month, combined to propel Lyft stock higher.

According to data from S&P Global Market Intelligence, the stock was up 28% for the month. As you can see from the chart, those gains came in the first half of December.

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Source Fool.com