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Lyft: Anticipated 2021 Recovery Already Reflected In Stock Price

Lyft: Anticipated 2021 Recovery Already Reflected In Stock Price

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The company is a ride-hailing platform that saw a blow to its user base last year with the lockdowns but is expected to recover by 54% as mobility trends improve. However, its take rate may see limited upside as drivers’ earnings stagnate and face competition from rising Uber driver earnings, which is a tailwind for revenue growth.

...read full article on Seeking Alpha

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