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Lyft's shares rise after Citron advises against shorting stock

Lyft's shares rise after Citron advises against shorting stock

5 years ago
Anonymous $syBn1NGQOq

https://www.reuters.com/article/us-citron-stake-lyft/lyfts-shares-rise-after-citron-advises-against-shorting-stock-idUSKCN1RH1WP

Shares of ride-hailing company Lyft Inc rose as much as 4 percent on Friday, setting the stock for its best day since its market debut last week, after short-seller Citron Research advised investors to hold on to the stock.

Lyft's shares rise after Citron advises against shorting stock

Apr 5, 2019, 4:26pm UTC
https://www.reuters.com/article/us-citron-stake-lyft/lyfts-shares-rise-after-citron-advises-against-shorting-stock-idUSKCN1RH1WP >Shares of ride-hailing company Lyft Inc rose as much as 4 percent on Friday, setting the stock for its best day since its market debut last week, after short-seller Citron Research advised investors to hold on to the stock.