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Post New Topic Forum    Rideshare News

Lyft will report another loss after the stock market closes today!

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Uberserge
1300 Rider Driver
 Posted 5 years, 3 months ago
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Posted By
Sergio Avedian (Uberserge)
1300 Rider Driver
Ride Apprentice from Los Angeles, CA

Blogger, Podcaster, Active Rideshare Driver/Coach

Active Uber/Lyft driver in Los Angeles, contributing writer for Rideguru and RSG (The Rideshare Guy), podcaster, rideshare driver coach, independent consultant to rideshare and tech companies.

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Is the loss priced into the shares? Will the stock go up or down? Will lyft ever be profitable?


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    Uberserge
    OP 1300 Rider Driver
     5 years ago

    As promised, Lyft lost $644 million dollars in the fiscal second quarter, the higher the revenues go the larger the losses are becoming, I wonder why? 😆

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