Why Uber and Lyft rallied last week

Why Uber and Lyft rallied last week

4 years ago
Anonymous $-9GJQVHNr8

https://techcrunch.com/2020/05/11/why-uber-and-lyft-rallied-last-week/

Heading into earnings season, you might have expected Uber and Lyft to suffer.

After all, global travel slowed toward the end of Q1, so how could these companies have done well? Continuing the same line of thinking, given that they are both unprofitable and are valued more on growth than trailing earnings, with growth slowing would there be much to celebrate?

Last Seen
23 minutes ago
Reputation
0
Spam
0.000
Last Seen
8 minutes ago
Reputation
0
Spam
0.000
Last Seen
26 minutes ago
Reputation
0
Spam
0.000