Is Lyft leaving Uber in the dust? Top Analyst places bet. What are your thoughts?
Posted 5 years, 3 months ago
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Comments
Nah, I never put stock in these articles. Uber is just too big. Perhaps that can co-exist but I dont think Lyft will ever completely destroy Uber.
I mean Lyft and Uber basically sell the same product. The exact same product. Lyft is gaining market share but that can't go on forever.
There are no winners in a war to the bottom, everyone loses, especially the driver. Wall Street has a funny way of looking at these companies, they need their future business. I have been short Lyft since it was 78, will stay that way.